Flat 92 м² in Paralimni, Cyprus

365 641 $

3 974 $ /м²

4OV5e

Flat 92m² in Cyprus, Paralimni. Priced at 270645£ rent photo- #1

Flat 92m² in Cyprus, Paralimni. Priced at 270645£ rent photo- #2

Flat 92m² in Cyprus, Paralimni. Priced at 270645£ rent photo- #3

Flat 92m² in Cyprus, Paralimni. Priced at 270645£ rent photo- #4

Flat 92m² in Cyprus, Paralimni. Priced at 270645£ rent photo- #5

Flat 92m² in Cyprus, Paralimni. Priced at 270645£ rent photo- #6

Area

92 м²

Bedrooms

Bathrooms

Kapparis, Famagusta - €310,000

Two bedroom penthouse apartment for sale in Kapparis - title deeds (new build process). Last two bedroom penthouse apartment left!!! (C2-1) This magnificent fenced complex consists of 6 blocks of 40 apartments including one and two bedroom apartments. The apartments have landscaped gardens, communal swimming pool and gym with stunning views of the Mediterranean Sea. The penthouse apartments have their own roof terrace, making these properties ideal for vacation or permanent living as well as great investment options. - 2 double bedrooms with fitted closets - Combined living, dining and kitchen area - Fully fitted kitchen - Family bathroom and guest toilet - Air conditioning - Unfurnished - Communal swimming pool - On-site gym facilities - Landscaped gardens - Private parking - Internal area 92 sqm. - Covered veranda 20 sqm. - Private roofed terrace of 20 sqm. - Utility costs to be specified - Walking distance to nearest beach - 5 minutes to local stores and amenities - 60 minutes to Larnaca International Airport - Suitable for permanent residence in Cyprus - Subject to VAT - Active energy efficiency 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 within easy reach of the neighboring towns of Paralimni and Protaras. It is a great place for permanent residence and vacation rentals. ------------ * Property Titles (new build process) * Community pool * Walking distance to nearest beach * Gym facilities on site * Suitable for permanent residence in Cyprus * Requires VAT * Under construction - Completion June 2024 * Active energy efficiency Kapparis Kapparis District: Famagusta Sale Type: Pending Listing Number: KYB002N2P Last Updated: Wednesday, October 25, 2023 08:24

Additional details

Property type

All Types

Object type

Flat

Price

365 641 $

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 (365 641 $) 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).