Main Countries Buy Rent

Flat 80 м² in Famagusta, Cyprus

116 245 $

1 453 $ /м²

4OcFK
Share:

Area

80 м2

Bedrooms

3

Bathrooms

1

Apartment in North Cyprus. City - Famagusta

Buying an Apartment in Famagusta will attract your attention! For sale 2+1 apartment in a new building. The total area is 80 square meters and there is a spacious balcony and a parking space. The house was delivered in August 2023 and is on the second floor out of five. The building has an elevator for the convenience of the tenants.The apartment is fully furnished and equipped with all necessary appliances including dishwasher, washing machine, microwave, stove, oven and air conditioning. Also, there are insect screens on the windows.This apartment is ideal for a comfortable stay. It is located in Famagusta, which is famous for its wonderful climate and beautiful beaches. Nearby there are all the necessary amenities such as stores, restaurants and public transportation.Don't miss the opportunity to buy this beautiful apartment in Famagusta on the island of Cyprus. Contact us for more information or to arrange a viewing.So, Buying an Apartment in Famagusta is waiting for you!When buying these apartments - VELES Property provides assistance not only in obtaining a residence permit, but also a 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 to our channel and be the first to receive information about new objects, services, changes in legislation.

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

Flat

Price

116 245 $

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 (116 245 $) 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).

Related sections