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Flat 36 м² in Famagusta, Cyprus

62 566 $

1 737 $ /м²

4OfTx
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Area

36 м2

Bedrooms

1

Year of construction

2026

Start selling! Large-scale project in the picturesque town of Gechitkale (001513)

We are pleased to announce the start of sales of apartments in a unique residential complex located in the charming town of Gechitkale, Turkish Republic of Northern Cyprus.

This project promises to become a real gem of the region, combining comfort, modern technology and delightful natural scenery.

Gechitkale is just a 15-minute drive from the popular sandy beach of Long Beach and surrounded by green hills and countryside, creating the perfect combination of privacy and accessibility. The town has all the necessary infrastructure: cozy cafes, exquisite restaurants and shops where you can enjoy the tastes of Cypriot cuisine and buy souvenirs for memory.

The complex offers a variety of apartments:

  • 1+0 area of 35 81 m2
  • 1 area of 54.39 m2 area of 99.81 m2
  • >3+1 area of 116.89 - 132 m2>for the entire coastline Allow yourself the luxury of living in one of the most beautiful corners of Northern Cyprus, enjoying all the advantages of a modern residential complex that will become your ideal home or profitable investment project.

    Information updated: 11.10.2024

  • Services and facilities

    Balcony or terrace
    Pool
    Security system
    Lift

    Additional details

    Property type

    Residential Properties

    Object type

    Flat

    Price

    62 566 $

    Characteristics

    Balcony or terrace
    Pool
    Security system
    Lift

    Infrastructure

    Playground
    Backup power generator
    Beach transfer

    Distance to key points, m

    To sea 15000

    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 (62 566 $) 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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