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Flat 72 м² in Famagusta, Cyprus

174 699 $

2 426 $ /м²

4OcBv
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Area

72 м2

Bedrooms

3

Bathrooms

1

Apartment in North Cyprus. City - Famagusta

Finished Cozy Apartment 2+1 will attract your attention!We offer you a spacious 81 m² apartment located in one of the safest and most peaceful residential areas of Northern Cyprus - Famagusta. This area is known for its natural beauty, which includes unspoiled nature and mountain range, as well as stunning sandy beaches and crystal clear Mediterranean Sea. The residential complex has a 22-kilometer coastline and is close to various historical and tourist attractions.The apartments are equipped with a spacious living area where you can spend time with family and friends. The kitchen area is compact but functional, perfect for cooking. However, the most attractive aspect of this apartment is the spacious balcony, providing additional space for outdoor relaxation. Moreover, in addition to the balcony, the apartment also offers a cozy terrace where you can enjoy the outdoor space and the beautiful view. The terrace will be the perfect place to relax and spend time with family and friends.Construction date: 2018.So, Ready Cozy Apartment 2+1 are waiting for you!When buying these apartments - VELES Property provides assistance not only in registration of residence permit, but also bank account, driver's license, medical insurance, as well as in the selection of cars in North Cyprus!Watch all our videos on our channel .Subscribe

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

Flat

Price

174 699 $

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 (174 699 $) 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).

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