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Studio for Sale in Famagusta - Cyprus

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Studio Description

This Studio Apartment is situated in the area of Dherynia. It was built in 1998 and was renovated in 2004. The covered area consists of 25sqm and has a veranda size of 6sqm.

Dherynia is a small, friendly village of timeless age with a rustic centre and many of the original buildings are still in traditional old Cypriot style.

Situated on the outskirts of the town of Paralimni, away from the main tourist area but still only a ten minute drive from the sandy beaches of Protaras and Ayia Napa while the motorway leading to all the other cities is literally around the corner.

Dherynia is fast becoming the hot spot of the east coast and although it is a traditional Cypriot village it has all modern amenities - banks, restaurants, schools, supermarkets, a few classy boutiques and other small shops.
The tavern-style restaurants located in Dherynia do on occasional nights offer live Greek music and a cheaper meze without compromising their quality.

The village is also right next to the city of Famagusta and this makes it a great investment. The return of this beautiful city to its rightful owners is in the foreseeable future and since Dherynia is within a stones throw of Famagusta, the value of properties in the area is expected to substantially increase more than any other location.

Location: Deryneia
Property: Studio
Built: 1998 Renovated in 2004
Floor Space: 25sqm
Veranda Size: 6sqm

Includes:

Air Conditioning
Furnished

Features :

Communal Swimming Pool
Covered Parking

Attractions:

Spacious Studio
Good Condition
Walking Distance to Centre of Paralimni
10 minute drive to the Beach

AFTER SALES CARE

Once you’ve bought your property many estate agencies would leave everything else up to you. There could be long periods of time when you are unsure of what’s happening and then once you’ve moved in you have to find your own way around an unfamiliar place. However at PURPLE, buying your property is only the beginning of your relationship with us. We aim to stay in constant contact with you at each stage; you will receive a level of personal service that is second to none. Most of our team are expats who have bought properties in cyprus and can therefore use their personal experiences to efficiently assist you with your purchase. From your first contact with Purple you’ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help with any problems, answering your questions, and providing you with anything you may request, for example:

• Opening a Cypriot bank account or setting up a Cypriot Mortgage
• Liaising with property developers, throughout the construction period if the purchase is off plan
• Getting quotes for any additional works that you’ve asked for from trusted suppliers
• Guidance with property rental opportunities

Once your property is ready you consultant will be on hand to:

• Assist in organising insurance, utilities, furniture and schools if you need them
• Arrange your hotel and car hire for moving in day
• Be there for any problems that may arise

PURPLE will be there from start to finish

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Approximate price of this 0-Bed Studio
€45,000 EUR | 
£36,014 GBP | 
US$56,457 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 885551 
Town Famagusta 
Province Famagusta 
Country Cyprus  
Type Studio
Bathrooms
Build Size 25 
Category Re-Sale  
Listed over 1 year ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Pool:  Communal Pool
  • Distance to Beach:  5KM
  • Distance to Shops:  1KM

Map of Famagusta, Famagusta, Cyprus


Towns located close to Famagusta, Cyprus

  • Vrysoules   • Ayios Nikolaos
  • Ammoxostos   • Phrenaros
  • Ayia Trias   • Dherinia
  • Paralimni


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Price: €45,000
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Purchase this Studio in Famagusta for

€76p/m

(60% LTV, 8% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Famagusta, Cyprus

Property Type Min Price Max Price Median Price
(All prices in EUR) Famagusta Cyprus Famagusta Cyprus Famagusta Cyprus
Business 19,950 1,200 3,500,000 4,270,000 - 180,780
Detached 60,000 60,000 595,000 13,500,000 - -
Apartment/Flat 29,500 7,000 270,000 4,000,000 196,478 168,000
Bungalow 35,000 35,000 197,000 1,440,000 - 429,500
Other 39,950 29,500 39,950 11,000,000 230,661 130,024
Townhouse 2,194,000 39,900 2,194,000 29,204,425 160,599 354,200
Studio 45,000 29,500 45,000 205,000 - 82,000
House/Villa 78,000 35,000 1,700,000 17,250,500 239,190 427,150

* Calculations based on 40 properties for sale in Famagusta and 11575 properties for sale in Cyprus




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