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Flat 72 м² in Famagusta, Cyprus

102 569 $

1 424 $ /м²

4OcFu
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Area

72 м2

Bedrooms

3

Bathrooms

1

Apartment in North Cyprus. City - Famagusta

Finished Apartment in the center of Famagusta will attract your attention! We offer you a spacious 83 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 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, ideal for spending time with a large family or friends. However, the most attractive aspect of this apartment is the spacious balcony, providing additional space for outdoor relaxation. There is also a balcony where you can enjoy the outdoor space and beautiful views. Within walking distance are schools and kindergartens, a large children's goods store, and 5 minutes away is Famagusta's largest shopping center with cinema halls and children's playrooms. Within the city limits there are several city public beaches with sports fields and entertainment areas. Hurry up to buy one of the best real estate offers of the season.Date of construction: 2011.So, Ready Apartment in the center of Famagusta is waiting for you!With the purchase of this apartment - VELES Property pre

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

Flat

Price

102 569 $

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 (102 569 $) 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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