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Flat 32 м² in Famagusta, Cyprus

135 436 $

4 232 $ /м²

4OfL3
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Area

32 м2

Bedrooms

1

Year of construction

2026

Studio apartments in a modern residential complex in the Famagusta area (009120)

Your attention is offered an excellent, modern residential complex, which is located in one of the most prestigious residential areas of Famagusta!

In the complex of 228 apartments, a large swimming pool and an indoor recreation area for entertainment, which creates the atmosphere of a boutique hotel.

The distance to the sea is 800 meters, 10 minutes drive to Famagusta, 35 minutes to the airport, 50 minutes to Larnaca airport.

PLAN PLAN

  • 30 % Down payment + 30 % before the completion of construction + 40 % after the completion of construction (30 months — fixed until August 2028)

Information updated: 23.11.2024

Services and facilities

Balcony or terrace
Pool
Garage/parking
Security system
Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

135 436 $

Characteristics

Balcony or terrace
Pool
Garage/parking
Security system
Lift

Infrastructure

Playground

Distance to key points, m

To sea 800

Purchase method

Installment plan

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Famagusta; 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 Famagusta 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 (135 436 $) 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 Famagusta: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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