Property Abroad

Cyprus

Northern Cyprus

Famagusta

Flat

Flat 45 м² in Famagusta, Cyprus

78 839 $

1 751 $ /м²

4OTcZ

Flat 45m² in Cyprus, Famagusta. Priced at 58400£ rent photo- #1

Flat 45m² in Cyprus, Famagusta. Priced at 58400£ rent photo- #2

Flat 45m² in Cyprus, Famagusta. Priced at 58400£ rent photo- #3

Flat 45m² in Cyprus, Famagusta. Priced at 58400£ rent photo- #4

Flat 45m² in Cyprus, Famagusta. Priced at 58400£ rent photo- #5

Flat 45m² in Cyprus, Famagusta. Priced at 58400£ rent photo- #6

Area

45 м²

Bedrooms

Bathrooms

Year of construction

2025

New house in Famagusta near City Mall

New project of a new house in the new neighborhood of Famagusta!

Pretty location with great views near City Mall, easy access to the highway to Lefkosa and close to all infrastructure and university.

A reputable developer with a long history of quality construction.

Suitable for living and for investment.

The building has the following types of apartments

Studios, 45 sqm + 11 sqm balconies/terraces

1+1, 58 sqm + 10 sqm balconies/terraces

2+1, 90-91 sqm + 8, 5- 10 sqm balconies/terraces

2+1 loft penthouse, 126 sqm + 76,5 sqm balconies/terraces

3+1 loft penthouse, 126-141 sqm + 78,5 - 97 sqm balconies/terraces

End of construction - May 2025.

Payment plan.

40% down payment. The rest until you get the keys.

Services and facilities

Lift

Street window

Balcony or terrace

Garage/parking

Additional details

Property type

All Types

Number of rooms

Publication

From the Agency

Object type

Flat

Price

78 839 $

Condition

Under Construction

Location

Downtown

Characteristics

Lift

Street window

Balcony or terrace

Garage/parking

Mountain View

City View

Park View

Purchase method

Installment plan

Cash

Cryptocurrency

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 (78 839 $) 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).