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Flat 74 м² in Paralimni, Cyprus

210 398 $

2 843 $ /м²

4OTjV
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Area

74 м2

Bedrooms

2

Bathrooms

2

2 bedroom apartment for sale in Paralimni, Famagusta, Cyprus.

This lovely two bedroom apartment is located on the first floor of a well maintained complex, situated on the outskirts of Paralimni towards the tourist area of Kapparis. Upon entering you will encounter an open living room and a fully equipped kitchen. Next to the living room there is a balcony for relaxing. The two spacious bedrooms have fitted closets and share a family bathroom. The apartment has its own covered parking space. This is an ideal property for permanent or vacation living. Highly recommended for viewing! DOCUMENTS AVAILABLE!

Additional details

Property type

All Types

Object type

Flat

Price

210 398 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paralimni; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Paralimni short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (210 398 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Paralimni: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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