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Property for sale in Famagusta

In total 874 listings
Famagusta Townhomes
20 listings
Famagusta Penthouses
5 listings
Famagusta Apartments
494 listings
Famagusta Villas
360 listings
Famagusta New buildings
269 listings
  • Residence Permit

    Gated residence near the sea in a prestigious of Limassol

    Gated residence near the sea in a prestigious of Limassol

    From 208,000 €

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  • Permanent Residency

    New residence by the sea in a prestigious area of Limassol

    New residence by the sea in a prestigious area of Limassol

    From 650,000 €

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  • Permanent Residency

    Spacious apartments in a gated residence of Paphos near the beach

    Spacious apartments in a gated residence of Paphos near the beach

    From 649,000 €

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  • Residence Permit

    Modern residence with a parking in a prestigious area of Nicosia

    Modern residence with a parking in a prestigious area of Nicosia

    From 145,000 €

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  • Permanent Residency

    New complex of villas in the center of Ayia Napa with swimming pools

    New complex of villas in the center of Ayia Napa with swimming pools

    From 740,000 €

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  • Residence Permit

    Luxury apartments in the heart of Larnaca

    Luxury apartments in the heart of Larnaca

    From 185,000 €

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    Tranio's representative offices
    cyprus

    TRANIO GLOBAL REAL ESTATE L.L.C

    38 Karaiskaki Kanika Alexander Center, Block 1, 1st Floor office 113b, 3032 Limassol Cyprus

    +35 725 060200

    athens

    Tranio LLC

    Vissarionos, 4, 10672 Athens, Greece

    +30 211 198-60-27

    berlin

    Tranio Germany GmbH

    Schlüterstraße 38, 10629 Berlin, Germany

    +49 302 2957622

    Tranio's Dubai office

    Tranio Global Real Estate

    Al Ameri Tower - 19th floor - Barsha Heights - Dubai - UAE

    +971 4 608 6565

    Tranio's Phuket office

    Tranio Global Real Estate

    Lagoon Plaza, 21/6 Lagoon Rd, Cherngtalay Thalang Choeng Thale, Thalang District, Phuket 83110, Thailand

    +90 (212) 922 22 21

    istanbul

    Tranio Global Real Estate

    Fulya, Büyükdere Cd. No:76, 34394 Şişli/İstanbul, Turkey

    +44 17 4822 0039

    torrevieja

    Tranio LLC

    Calle del Palangre, 14, 03182 Torrevieja, Alicante, Spain

    +34 932 204 049

    FAQ about Famagusta
    Can foreigners get a mortgage in Famagusta?
    Mortgages in Cyprus may be obtained to fund the purchase of an off-plan or existing property, or to finance improvements. A mortgage is typically obtained on a property with a title. With a 50% downpayment, an applicant is most likely to qualify for a mortgage to purchase a property priced between €150,000 and €1,000,000. Mortgage rates vary, starting from 3.7 %. When a property is under construction, the mortgage borrower is granted an installment plan.
    How much do utilities cost in Famagusta?
    Property maintenance costs are not very high in Famagusta compared to the rest of Europe. Total housing costs incurred by apartment owners are approximately €1,700 per year. The total housing expense for owners of villas with private pools is about €2,900 per year.
    Can buying a property in Famagusta also get a residence permit in Cyprus?
    Migration to Cyprus is very popular among foreigners as a permanent residence permit may be acquired with the purchase of a property worth about €300,000. An investment of €2,000,000 allows a person to get Cyprus citizenship.
    How to get citizenship in Cyprus by buying a property in Famagusta?
    Investment of about €2,000,000 into real estate, government bonds, or local business, and an additional donation of €150,000 to a government fund allows people to qualify for Cyprus citizenship by investment.
    What is the process of buying a property in Cyprus?
    It takes about 2 months to register property ownership in Cyprus. Tranio recommends that you comprehensively review all the details of a property purchase in order to avoid any problems at closing and upon registration.
    What are the residential prices in Famagusta?
    Property prices in Famagusta vary for different types of housing and across locations.
    What taxes are charged on property purchase, ownership, and sale in Famagusta?
    Property transfer fees range from 3 % to 8 % depending on the property value. The immovable property tax was cancelled in 2017. Now homeowners in Cyprus pay an annual municipality tax of €55–185 per year. Get more insights into Cyprus taxes in our article.
    Can foreign citizens lease residential property in Cyprus, and what is the return on investment for a rental property?
    Yes, they can. According to RICS, average rental yields of apartments in Cyprus are 3.9 % and a house lease earns 2.0 %, which is almost in line with returns generated by similar properties in the rest of Europe.
    How do I get a permanent residence permit in Cyprus?
    In order to obtain a permanent residence permit in Cyprus, certain procedures and requirements must be followed. In general, the following documents need to be provided, and the following steps need to be followed:

    • Application for Permanent Residence Permit.
    • Passport or other identity document.
    • Marriage certificate or documents proving marital status (if applicable).
    • Certificate of clean criminal record from the country of residence.
    • Medical insurance is valid in Cyprus.
    • Financial documents show you have the funds to ensure you live in Cyprus.
    You must also undergo a medical examination and pay the relevant fees and taxes. Once you have submitted the documents and successfully passed the assessment process, you will be issued a Permanent Residence Certificate, proving your permanent residency status in Cyprus.

    The fastest way to obtain it is through the Cyprus Residence Permit Scheme for investment in real estate.
    How do I open a bank account in Famagusta?
    To open a bank account in Famagusta, you must follow these steps:

    • Choose a bank that suits your needs and requirements.
    • Provide proof of your identity, such as a passport or other identification document.
    • Provide proof of residency, such as utility bills or bank statements.
    • You may need to provide additional financial documents, especially if you plan to open an account for business or investments.
    The bank will conduct customer verification and identification procedures through Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Once the account opening procedure has been completed, you will be provided details of your new bank account in Cyprus.
    United Property Expo in Belgrade, Serbia
    United Property Expo in Belgrade, Serbia
    17-18 February, 2023
    United Property Expo is a large-scale international exhibition attended by thousands of private investors, leading global developers and brokers. The event provides an opportunity to discuss the issues of buying and renting property abroad, get professional advice on taxes, mortgage, property investment and management.
    Tranio's managers are here to help you select a property
    Marina Filichkina
    Marina Filichkina
    Real Estate Expert Tranio in Famagusta
    +44 17 4822 0039
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