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Townhouse 71 м² in Paralimni, Cyprus

171 831 $

2 420 $ /м²

4OTmJ
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Area

71 м2

Bedrooms

2

Bathrooms

2

2 bedroom townhouse for sale in Paralimni, Famagusta, Cyprus.

Immaculate 2 bedroom townhouse in a quiet area of Paralimni with beautiful sea views! This amazing accommodation is ideally located just a short walk from local bars and restaurants and just a short drive to a selection of beautiful beaches in the popular year round resorts of Paralimni! Upon entering this accommodation you find yourself on a cozy outdoor terrace with a canopy, the perfect place to dine al fresco in the shade, where you can relax and enjoy the magnificent sea views from the tranquility of your own private front garden. This beautifully restored townhouse has a wonderful atmosphere immediately upon entering! Inside you are welcomed into a spacious living area with new air conditioning and wooden floors, a modern kitchen with white glossy cabinets and a stylish breakfast bar. There is also a guest toilet on this floor. Upstairs there are two double bedrooms with ample storage, the master bedroom opens onto a private balcony with lovely sea and field views; the perfect place for morning coffee, and a stylish bathroom. This accommodation is equipped with a new solar panel for water heating, ten photovoltaic solar panels which significantly reduce energy bills and reduce the negative impact on the environment. This accommodation is fitted with stylish furnishings and decorated to a high standard, with all rooms including ceiling fans that provide fresh air during the hotter months. This accommodation is great for a family in a fantastic location or perfect for a vacation as it is only minutes from the beach, tourist resorts and city center! Viewing is highly recommended!

Additional details

Property type

All Types

Object type

Townhouse

Price

171 831 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paralimni; 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 Paralimni 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 (171 831 $) 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 Paralimni: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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