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Morphou New home 399,000 €
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№ 1,989,041

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3-bedrooms apartments in new building 176 m² in Morphou, Cyprus

399,000 €

2,267 € /m²

Total area
176 m²
Bedrooms
3
Bathrooms
1

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Description

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Bedrooms: 3
Bathrooms: 1
Built in: 2024
Location: Morphou

Facilities and equipment in the house

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Personal beach
Golf course
Swimming pool

Features

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Is this property suitable for obtaining a permanent residence permit in Cyprus? How much should I budget for legal arrangements? Can I rent this property out?

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If this property wasn’t for you, take a look at other new homes for sale in Cyprus.

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How to buy property with Tranio

Enquiry

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Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

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FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.
How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.
Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain and Latvia offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Turkey passport by buying a property worth at least $400,000.
Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

Dubai, UAE

Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE

+971 (4) 610-45-55

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+34 932 204 049

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+30 211 198-60-27

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+49 302 2957622

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