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№ 2,275,450
  1. Overseas property
  2. Cyprus
  3. Famagusta
  4. Penthouses
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Penthouse duplex on the shore of the Mediterranean sea

244,000 €
1,906 € /m²
  • Total area
    128 m²
  • Bedrooms
    1
  • Bathrooms
    1
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Description
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Total rooms
2
Bedrooms
1
Bathrooms
1
Completion in
2025
Location
Famagusta
Distance to sea
250 m

This is the perfect project for those who love the Mediterranean as much as we do! This boutique hotel is just 150 metres from a well-maintained beach and only 250 metres from the beautiful marina.

The project consists of 52 apartments with options of cozy one-bedroom garden apartments and spacious penthouses with one bedroom and two bedrooms with private rooftop terraces.

It features an outdoor pool, gym, sauna and landscaped gardens, and all other amenities are just a 5-minute drive from the pharmacy to the supermarket, from the petrol station to the beauty salon and much more.

Facilities and equipment in the house
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  • Garden

    Garden

  • Car parks

    Car parks

  • Children playground

    Children playground

  • Private restricted area

    Private restricted area

  • Fitness

    Fitness

  • Swimming pool

    Swimming pool

Features
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  • Lots of natural light

    Lots of natural light

  • Fully finished

    Fully finished

  • Balcony or terrace

    Balcony or terrace

  • Sea view

    Sea view

  • Mountain view

    Mountain view

  • Floor-to-ceiling windows

    Floor-to-ceiling windows

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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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More properties

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

You can see more penthouses for sale in Famagusta elsewhere on our website.

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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.

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