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Flat 77 м² in Paralimni, Cyprus

238 367 $

3 095 $ /м²

4OTub
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Area

77 м2

Bedrooms

2

Bathrooms

2

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

Amazing two bedroom penthouse in Paralimni. Uninterrupted view of the mesmerizing blue waters of Famagusta beach, which you will have the opportunity to see every day. A very well designed complex that offers comfort, easy access to the city and all possible ways to collect energy from the environment will give you the life you have always dreamed of. The complex consists of just six apartments where each apartment will have spacious covered and open verandas with stunning views, 2 bedrooms, 2 bathrooms of which one master ensuite bathroom, open plan living room with kitchen, private covered parking and storage area on the first floor and the penthouses will have the privilege of having a private garden on the roof of the building. A modern building situated in a magical location that offers complete tranquility, relaxation and a luxurious lifestyle. PARALIMNI. The complex is located in a quiet neighborhood, close to all amenities and services such as restaurants, bars, banks, hypermarkets and bakeries. The cosmopolitan resorts of Protaras, Ayia Napa and Kapparis, home to some of the best beaches in Cyprus, are a short drive away, while Larnaca and the international airport are a 35 minute drive from the town. Paralimni's central position on the east coast of the island places the town close to all areas.

Additional details

Property type

All Types

Object type

Flat

Price

238 367 $

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 (238 367 $) 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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