€89,250
Studio Apartment , Sotira, Famagusta
Condition
Under Construction
Energy
NA
Floor
1st floor
Features
- Elevator
- Parking
- Storage Room
Property description
Modern studio apartment on the 1st floor of the new residential development in Sotira. The project consists of only 8 apartments and is located in a desirable residential area with easy access to both Sotira centre and Paralimni. The apartment offers 35 m² of covered internal area, plus a spacious 15.5 m² covered veranda, a 3 m² private storage room and allocated covered parking. The development is designed to modern standards and includes an elevator, video intercom, thermal insulation, double-glazed aluminium windows, provisions for air conditioning, solar systems and controlled parking access. Property Details: • Studio • 1 Bathroom / Shower • 35 m² Covered Area • 15.5 m² Covered Veranda • Private Storage Room • Covered Parking Space • Elevator • Air Conditioning Provision • Double Glazing • Video Intercom • Solar System • Energy Efficiency: A+ • Expected Completion: January 2028
Location
Open full map(opens in a new tab)Location details are based on the listing information provided by the owner/agent.
Sign up for free to call or WhatsApp the agent, or send an enquiry below without an account.
Schedule a viewing
No account needed. Share your contact details and the agent will confirm a time.
Mortgage calculator
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.
Beta — mortgage estimates only
Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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.
Use only if the planning-permit and declaration deadlines apply.
- 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.
- 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.
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.