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Flat 50 м² in Famagusta, Cyprus

99 080 $

1 981 $ /м²

4OfWG
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Area

50 м2

Bedrooms

1

Year of construction

2026

Unique residential complex in Gechitkale (014120)

Elite residential complex in the heart of nature, Gechitkale, Northern Cyprus.

Immerse yourself in an atmosphere of calm and harmony with nature in the unique village Gechitkale, located away from the bustle of the city. This complex offers an unrivalled combination of comfort and nature, where every corner is filled with the aromas of lavender and ancient olive trees.

The beauty of this place lies in its remoteness from noise and traffic chaos, but at the same time it is only in 15 minutes drive to the coast of the North Sea and the popular beach Long Beach in Iskela.

The complex provides a wide range of housing:

<1+1 apartments (10-strong>liup>; literally >2 m>>> the beach ><3/strong>>>>>>>>>>>
the sea<<<2liup> You can enjoy nature and relax on the beaches in just 10 minutes drive.

Infrastructure and services of the complex:

  • Spacious green zones and landscaped areas
  • Open and indoor pools for adults and children
  • Multifunctional sports ground, cycling and walking paths
  • Cozy cafes and bars, restaurant, as well as supermarket and pharmacy right on the territory
  • gym, and recreation areas Fully
  • Provides the facility with a convenient payment system for the remaining 30% of the building. This unique place is ideal for those who appreciate nature, tranquility and comfort combined with the opportunity to be close to the main tourist centers: 10 minutes to Long Beach, 10 minutes to Famagusta, 20 minutes to Erjan Airport and just 45 minutes to Larnaca.

    Information updated: 25.11.2024

Services and facilities

Balcony or terrace
Pool
Garage/parking
Security system

Additional details

Property type

Residential Properties

Object type

Flat

Price

99 080 $

Characteristics

Balcony or terrace
Pool
Garage/parking
Security system

Infrastructure

Playground

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 (99 080 $) 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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