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    Apartment

    €200,000

    Apartment, Famagusta, Deryneia

    Deryneia, FAMAGUSTA
    2 bedrooms
    2 bathrooms
    78 m² interior

    Condition

    Brand New

    Energy

    NA

    Year built

    2025

    Features

      Property description

      The apartment is off-plan, and this particular apartment is on the first floor. But there are other apartments available as well.. It is an open floor plan with two bedrooms, one ensuite, and one family bathroom. This building is in one of the quietest areas of Deryneia, next to the municipal amphitheatre and overlooking Famagusta, on a corner plot with easy access to all services but also just a few minutes away from Paralimni and Protaras beautiful Beaches. The Building..A four-floor building with covered parking spaces for each apartment and three residential floors as well as roof gardens for the penthouses. On each floor there are only two apartments where they are separated by the common space of the stairwell and elevator, making each apartment almost independent enjoying the view from all sides. The apartment is subject to VAT. The apartment is on promotional price, as the official asking price was 210,000 Euros. (K-THEFFO2)

      Location

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      Location details are based on the listing information provided by the owner/agent.

      Nicosia Head Office

      Agent

      Agency ref: 35894

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      Mortgage calculator

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      Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.

      Beta feature — indicative estimates only, not financial or legal advice.

      Cyprus mortgage estimate
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      Last updated: 24 May 2026

      Mortgage calculator for this property

      Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.

      Listing price€200,000

      Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.

      Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.

      First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.

      Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.

      sqm

      Use only if the planning-permit and declaration deadlines apply.

      €40,000 deposit80% financed
      %
      years
      Cyprus fee assumptions
      • Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
      • Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
      • No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
      • Mortgage registration is estimated at 1% of the mortgage amount.
      • Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
      Details buyers normally need
      • ID/passport, proof of address, tax details, and source-of-funds evidence.
      • Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
      • Sales agreement, valuation, title deed or planning documents, insurance, and deposit proof.
      • Ask the bank which first-home products and documents apply.
      Before applying

      Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.

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