Property Abroad

Cyprus

Northern Cyprus

Famagusta

Flat

Flat 36 м² in Famagusta, Cyprus

60 754 $

1 687 $ /м²

4OWUc

Flat 36m² in Cyprus, Famagusta. Priced at 45000£ rent photo- #1

Flat 36m² in Cyprus, Famagusta. Priced at 45000£ rent photo- #2

Flat 36m² in Cyprus, Famagusta. Priced at 45000£ rent photo- #3

Flat 36m² in Cyprus, Famagusta. Priced at 45000£ rent photo- #4

Flat 36m² in Cyprus, Famagusta. Priced at 45000£ rent photo- #5

Area

36 м²

Bedrooms

Bathrooms

Year of construction

2024

Sale of a new studio in Famagusta!

The studio is located in a new building in the heart of Famagusta, so it is perfect for year-round living or for renting out. Nearby there are shops, schools, kindergartens, shopping centers, and much more. The apartment is fully furnished and equipped with new appliances. Exchange title. All taxes paid.

The price of the apartment already includes:
+ Capital gains tax payment
+ Reassignment cost to the developer (£3000)

INSTAGRAM: @darya.kipr

Even more offers in our telegram channel @Real Estate Moves

Services and facilities

Air conditioner

Street window

Balcony or terrace

Internet

Furniture

Household appliances

Additional details

Property type

New Building

Number of rooms

Floor

Object type

Flat

Price

60 754 $

Condition

New Building

Location

Downtown

Characteristics

Air conditioner

Street window

Balcony or terrace

Internet

Furniture

Household appliances

Infrastructure

Surveillance

Distance to key points, m

To airport 45000

To center 45000

To center 300

To university 800

To shops 200

To stop 200

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 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 (60 754 $) 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).