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Flat 220 м² in Larnaca, Cyprus

1 138 996 $

5 177 $ /м²

4OfHp
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Area

220 м2

Bedrooms

3

Year of construction

2023

Apartments in a modern complex near the marina of New Larnaca (001148)

This luxurious new high-rise building in Larnaca combines modern life and hotel-type amenities. Located at the entrance to the best modern port and marina in the Eastern Mediterranean, the complex is masterfully designed to provide homeowners with an unrivalled level of quality, beauty and recreation.

Description: 9 single-storey apartments with a private pool on each floor, concierge services on the first and second floors, a fully equipped gymnasium on the second floor, an unimpeded location in front of the main entrance to the marina for the seasideLong>

Services and facilities

Balcony or terrace
Pool
Security system
Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 138 996 $

Characteristics

Balcony or terrace
Pool
Security system
Lift
Sea View

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 (1 138 996 $) 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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