Flat 40 м² in Paralimni, Cyprus

122 755 $

3 068 $ /м²

4OVpb

Flat 40m² in Cyprus, Paralimni. Priced at 90863£ rent photo- #1

Flat 40m² in Cyprus, Paralimni. Priced at 90863£ rent photo- #2

Flat 40m² in Cyprus, Paralimni. Priced at 90863£ rent photo- #3

Flat 40m² in Cyprus, Paralimni. Priced at 90863£ rent photo- #4

Flat 40m² in Cyprus, Paralimni. Priced at 90863£ rent photo- #5

Flat 40m² in Cyprus, Paralimni. Priced at 90863£ rent photo- #6

Area

40 м²

Bedrooms

Bathrooms

Kapparis, Famagusta - €105,000

One bedroom apartment in Kapparis with title deedsThis apartment is located on the first floor of a small complex in Kapparis, within walking distance of stores, bars and restaurants. Also within walking distance to the many white sandy beaches and clear blue waters of Kapparis and only a short bus ride to the main town of Paralimni or the resorts of Protaras and Ayia Napa.The apartment has an open plan living, dining and kitchen area with access to a covered private balcony with stunning views of the surrounding fields. From the hallway entrance to the modern family bathroom and double bedroom, which also has access to the private balcony.Additionally the apartment comes fully furnished and has an allocated parking space.Due to the excellent location of the property, this apartment would make either a lovely family home or an ideal rental property.- One double bedroom with access to the balcony- Open plan living and dining room- Fully fitted open plan kitchen- Modern bathroom Not applicable - Walking distance to the nearest beach - Walking distance to local stores and amenities - 60 minutes to Larnaca International Airport - Energy efficiency TBCKapparisKapparis is located between Paralimni and Protaras and is known as a year round resort with many stores, bars and restaurants

Additional details

Property type

Residential Properties

Object type

Flat

Price

122 755 $

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 (122 755 $) 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).