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Flat 44 м² in Famagusta, Cyprus

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Area
44 m²
Bedrooms
1
To sea
1000 m

Description

Luxury residential complex of apartments and villas in the heart of Northern Cyprus, in Yeniboğaziçi (005303)

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The complex is located in close proximity to a variety of facilities, such as restaurants, supermarkets, schools, medical institutions, hotels, pharmacies and other amenities. This picturesque corner also offers unique opportunities to explore the ancient ruins of the city of Salamis and the monastery of the Apostle of Barnabas.

The complex is more than 70,000 m² modern architecture, inscribed in the innovative landscape design among orchards. Each terrace becomes a unique garden, creating a cozy space for relaxation and entertainment.

Here are comfortable apartments and villas, ideal for permanent residence or rental for the duration of the holiday.

Infrastructure of the complex:

  • Sauna
    • Restay/li> Exclusive two-storey villas with three bedrooms, private pool, equipped with a recreation area and surrounded by green trees. Villa area — 177 m², plot — from 287 to 475 m².

    Blocks ALMOND, LIME and LOTUS: Modern apartments, studios and blocks with one, two bedrooms, embodying comfort and style in various parts of the residential complex. Area 44-89 m2.

    Distances:

    • A 5-minute drive from the Salamis Bay Conti 5* (SPA, beaches, restaurants, casinos)
      • A 5-minute drive to the ruins of the ancient city of SalamisA 30-minute drive to the Karpaz Marina Harbour at >>>>>>>>>>>>>>>>>><>>>>>>>>>>>>>>>>>>>>>>>><<>>>>>< Connection to utilities : £ 2000 when transferring keys
    • Transfer of keys after completion with 100% payment

    Payment plan 2:

    • Deposit<5%
      • : 55% in 1 month
    • >> Connection to utilities : £ 2000 when transferring keys
      • Super offer : 5 units of household appliances + air conditioning
    • The transfer of keys will be after making 70% payment

      • Deposit
        • <5%/li>
      • >
      • >>>><5>
      • >>
      • >
      • >>>>>><5>>
      • >
      • >>>>< Connection to utilities : £ 2000 when transferring keys
      • Super offer : Fullly furnished
      • The key transfer will be after making 100% payment

      Choose one of the convenient payment plans and realize your dream in this modern complex!

Characteristics

Property type
Residential Properties
Object type
Flat
Price
154 978 $
Year of construction
2024

Services and facilities

  • Balcony or terrace
  • Pool
  • Garage/parking
  • Security system

Infrastructure

  • Playground
  • Backup power generator

Purchase method

  • Installment plan

Distance to key points (meters)

To sea
1000 m

FAQ

How can I get a residence permit by buying property in Cyprus?

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.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (154 978 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

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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Flat with 1 bedroom in Famagusta, Cyprus