Flat 75 м² in Paralimni, Cyprus

282 841 $

3 771 $ /м²

4OV5f

Flat 75m² in Cyprus, Paralimni. Priced at 209357£ rent photo- #1

Flat 75m² in Cyprus, Paralimni. Priced at 209357£ rent photo- #2

Flat 75m² in Cyprus, Paralimni. Priced at 209357£ rent photo- #3

Flat 75m² in Cyprus, Paralimni. Priced at 209357£ rent photo- #4

Flat 75m² in Cyprus, Paralimni. Priced at 209357£ rent photo- #5

Flat 75m² in Cyprus, Paralimni. Priced at 209357£ rent photo- #6

Area

75 м²

Bedrooms

Bathrooms

Kapparis, Famagusta - from €239,800

Two bedroom apartment for sale in Kapparis, Famagusta - certificate of ownership (new build process). This stunning gated development will consist of 6 blocks with 40 apartments comprising one and two bedroom options. The apartments will have landscaped gardens, communal swimming pool and gym with magnificent views of the Mediterranean Sea. These properties will make convenient vacation rentals, permanent residences or great investments. - 2 double bedrooms with fitted closets - Living room, open plan dining and kitchen areas - Fully fitted kitchen - Family bathroom and guest toilet - Air conditioning - Unequipped - Communal swimming pool - Gym on site - Amenity garden - Private parking - Elevator to all floors - Internal area 75-76m2 - Private garden/veranda 8-119m2 - TBU maintenance fees Walking distance to the nearest beach - 5 minutes to local stores and amenities - 60 minutes to Larnaca International Airport - Suitable for permanent residence in Cyprus - Subject to VAT - Energy Efficiency TBU Kapparis Kapparis is located between Paralimni and Protaras and is known as a year round resort with many stores, bars and restaurants. It is popular with Brits and other Europeans, as well as locals, as it is close to the many sandy beaches along the coastline and a short drive from the neighboring towns of Paralimni and Protaras. It is a great place for permanent residence and vacation rentals. ------------ * Certificate of ownership (new build process) * Community pool * Gym * Suitable for permanent residence in Cyprus * Subject to VAT * Under construction - Expected delivery May 2024 * Energy efficient TBU Kapparis Kapparis Region: Famagusta Sale Type: For Sale Ref: KYB002N2 Last updated: Tuesday, October 17, 2023 13:32

Additional details

Property type

Residential Properties

Object type

Flat

Price

282 841 $

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 (282 841 $) 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).