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Flat 139 м² in Paralimni, Cyprus

216 243 $

1 555 $ /м²

4OTrt
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Area

139 м2

Bedrooms

3

Bathrooms

2

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

This cozy 3 bedroom apartment is located in a nice complex in Paralimni area. It is in close proximity to all local amenities, schools, banks, supermarkets, pharmacies and only 3 minutes drive to the nearest beach. The apartment is located on the first floor and consists of a spacious open plan living and dining area and a fully equipped kitchen. Three bedrooms, one with en-suite bathroom and the other two sharing a family bathroom complete the interior. This is an ideal permanent or vacation rental. Highly recommended for viewing!!!

Additional details

Property type

All Types

Object type

Flat

Price

216 243 $

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 (216 243 $) 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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