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Property for sale in Famagusta

1,098 listings
Townhomes Townhomes
22 listings
Penthouses Penthouses
10 listings
Apartments Apartments
409 listings
Land plots Land plots
105 listings
Villas Villas
562 listings
New buildings New buildings
182 listings
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Eligible for Cyprus Permanent Residency
Top Choice for Living & Investment Exclusive Tranio Apartments in Limassol from €232,000
30% Projected Price
Growth in 3 Years
8% Estimated
Rental Yield
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Tranio's representative offices
  • Tranio LLC

    Frynonos, 33, 11632 Athens, Greece

    +30 211 198-60-27

  • Tranio Germany GmbH

    Schlüterstraße 38, 10629 Berlin, Germany

    +49 302 2957622

  • Tranio Global Real Estate

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

    +971 (4) 610-45-55

  • Tranio Global Real Estate

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

    +66 97-783-2913

  • Tranio Global Real Estate

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

    +44 17 4822 0039

  • Tranio LLC

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

    +34 932 204 049

  • Tranio Global Real Estate

    67 Jl Bypass Ngurah Rai Br Kerthayasa, Bali, Kuta Badung, 80361

    +62 213 950 47 41

Comparison of property prices in Cyprus
Location Median cost of the object Average price per m²
Cyprus 429,000 € 5,054 €
Limassol 472,000 € 5,915 €
Paphos 518,880 € 4,707 €
Larnaca 300,000 € 3,907 €
Ayia Napa 535,000 € 7,182 €
Famagusta 479,000 € 5,353 €
Nicosia 228,253 € 2,869 €
Tranio’s client cases
    FAQ about Famagusta
    Can foreigners get a mortgage in Famagusta?
    Mortgage in Limassol are available to expats working and paying taxes in the country, 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.
    Tranio's media publications

    In 2025, the real estate market in Cyprus is demonstrating steady growth across all regions of the republic. Year-on-year, apartment prices in Limassol, Larnaca, and Paphos have increased by 16.5%, 18.1%, and 21.4%, respectively.

    Anna Maiorova, Chief Marketing Officer at Tranio

    127

    mentions in the media since 2022

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