Flat 60 м² in Peyia, Cyprus

347 456 $

5 790 $ /м²

4OiUa

Flat 60m² in Cyprus, Peyia. Priced at 305000€ rent photo- #1

Flat 60m² in Cyprus, Peyia. Priced at 305000€ rent photo- #2

Flat 60m² in Cyprus, Peyia. Priced at 305000€ rent photo- #3

Flat 60m² in Cyprus, Peyia. Priced at 305000€ rent photo- #4

Flat 60m² in Cyprus, Peyia. Priced at 305000€ rent photo- #5

Area

60 м²

Bedrooms

Bathrooms

Peyia Gardens Flat 205, Block B

Peyia Gardens Apartment 205 is a second-floor apartment located within the Peyia Gardens development in the Paphos District. The project offers Mediterranean resort-style living in a residential community with landscaped gardens, a large communal swimming pool, and views of the surrounding area.

The interior is designed with simple, bright finishes, creating a comfortable home with character and warmth. The apartment includes tiled floors, a fitted kitchen, bathroom finishes, and access to a balcony overlooking the communal areas and pool.

Services and facilities

Air conditioner

Garden

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

347 456 $

Characteristics

Air conditioner

Garden

Garage/parking

Infrastructure

Open pool

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Peyia; 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 Peyia 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 (347 456 $) 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 Peyia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).