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Flat 106 м² in Larnaca, Cyprus

376 843 $

3 555 $ /м²

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Area

106 м2

Bedrooms

3

Apartment in Larnaca. City - Larnaca

Introducing "The Students' Nest" - a modern residential complex for students of the University of Central Lancashire in Cyprus (UCLan Cyprus). Situated in the picturesque area of Pyla, Larnaca, this project offers exceptional accommodation and comfort, just 12 minutes from Larnaca International Airport and 35 minutes from Ayia Napa and Nicosia.

Additional details

Property type

Residential Properties

Object type

Flat

Price

376 843 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Larnaca; 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 Larnaca 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 (376 843 $) 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 Larnaca: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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