Area
45 м2
Bedrooms
1
Bathrooms
1
Year of construction
2023
Studio for sale in Park residence
Studio for sale in Park residence45м2Sea viewTaxes and trafo paidCherkas Darya
Services and facilities
Air conditioner
Street window
Balcony or terrace
Internet
Furniture
Household appliances
Additional details
Property type
Residential Properties
Number of rooms
1
Floor
3
Object type
Flat
Price
106 103 $
Condition
In Good Condition
Location
By the Sea
Characteristics
Air conditioner
Street window
Balcony or terrace
Internet
Furniture
Household appliances
Infrastructure
Open pool
Indoor pool
Children pool
Playground
Fitness center
Wi-Fi
Surveillance
Spa zone
Distance to key points, m
To airport
50000
To sea
500
To center
50000
To center
1000
To university
18000
To shops
50
Purchase method
Cash
FAQ
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Iskele; 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 Iskele 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 (106 103 $) 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 Iskele: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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Liliya
International Real Estate Consultant