TOP-7 Apartments and Villas in Famagusta for Permanent Residence Program in Cyprus

A property buyer in Cyprus can obtain a Category F residence permit (also known as a Permanent Residence Permit), commonly referred to as Cyprus PR. This type of document allows you to live in Cyprus year-round.

Conditions for simplified obtaining of Cyprus PR

The main basis for applying for a permanent permit is the purchase of new property worth from €300,000 (excluding taxes). At least €200,000 must be paid as a one-time payment.

There are also several other nuances:

1. the spouse, the parents of the buyer and of the buyer’s spouse, and children under 28 can also obtain Cyprus PR
2. there is no need to learn Greek or English
3. all applicants must have no criminal record
4. the buyer must place at least €30,000 on deposit in a Cypriot bank
5. the applicant and their relatives must prove their income coming from abroad.

Subsequently, PR may serve as a basis for obtaining Cyprus citizenship if the resident has lived on the island for at least 7 years.

Important: the Category F permit is revoked if the resident has not visited the island for 2 years.

In this article, we have collected several of the most interesting offers — properties in the free areas of Famagusta starting from €300,000. They are ideal for those who want to move to Cyprus. In addition, purchasing property in Ayia Napa, Protaras, and Paralimni is an excellent investment. Later, the property can be sold at a higher price or rented out to tourists.

4-bedroom villa in Kapparis

A spacious villa in a modern style in a gated complex. It is located within a 5-minute walk from the sea and all infrastructure — including resort facilities. It includes:

1. 2 floors;
2. 4 bedrooms, 3 bathrooms, a living room with kitchen, terraces for relaxation;
3. a swimming pool;
4. a parking space;
5. a recreation area and garden;
6. fully furnished, including appliances.

The villa is perfect both for living and for renting out. In this complex, occupancy during the season reaches 85%.

4-bedroom villa in Ayia Napa

A luxury villa located in the very center of the resort town and offering access to all amenities and entertainment: from the sea and bars to the Sculpture Park. The layout meets all the requirements for comfortable living:

1. 2 floors + a rooftop garden;
2. 4 bedrooms and 6 bathrooms;
3. separate living room and kitchen;
4. a barbecue and relaxation area;
5. a large swimming pool;
6. a parking space;
7. an elevator;
8. a jacuzzi in the master bedroom.

All this is complemented by magnificent sea views and the opportunity to enjoy complete privacy while relaxing. The villa will rent out very well during the season — or become a home for an entire family.

4-bedroom villa in Protaras

An excellent option for those looking for a place for peaceful family living even during the season. The villa is located near the famous crystal-clear Fig Tree Bay beach, and the windows of the upper floor offer a wonderful sea view. Main features:

1. 2 floors;
2. 4 bedrooms and 4 bathrooms, kitchen + living room;
3. a large swimming pool;
4. a terrace by the pool for relaxation;
5. a parking space.

The villa is at the off-plan stage (the beginning of construction), which means it is especially profitable to make the purchase right now.

3-bedroom villa in Kapparis

Harmonious architecture and a secluded location make this gated complex of villas by the coast a dream option. A layout thought out down to the smallest detail and an abundance of natural light are what make living in such a house truly magical. A brief description of the villa:

1. 2 floors;
2. 3 bedrooms, 4 bathrooms, open-plan layout (kitchen + living room), plenty of terraces;
3. a swimming pool and relaxation area next to it;
4. a spacious plot;
5. minimalist interior finishing;
6. parking spaces.

The location of the villa is maximally convenient for those who value proximity to the seacoast. There is plenty of space around for walks and resort entertainment.

2-bedroom apartment in Kapparis

The apartments are offered at a surprisingly pleasant price, especially when compared with Limassol or Ayia Napa. They are part of a complex of several three-storey blocks and come with access to a shared pool, parking, and a storage room. High privacy and a guarded territory make the place remarkably peaceful.

The total area is 110 m2, comfortably accommodating 2 bedrooms, 2 bathrooms, a living room with kitchen, and terraces from which the apartment fills with light during the daytime. 

5-bedroom villa at Cape Greco

Owning a villa near the territory of a national nature reserve with unique scenery is true luxury, available to those ready to invest in Cyprus real estate. The unusual exterior and integration into the natural character of the location impress with their unique solutions and offer the opportunity to live and relax in one of the most interesting corners of the planet. Layout and amenities:

1. 2 floors;
2. 5 bedrooms and 5 bathrooms, living room, kitchen, several open terraces on both levels;
3. parking;
4. proximity to the sea — just 500 m;
5. a swimming pool;
6. stunning views.

Right outside the gates runs a walking trail leading to the natural beauty and attractions of the cape. This villa will be popular for seasonal holidays and rentals.

4-bedroom villa in Pernera

A wonderful place for quiet relaxation, swimming in crystal-clear sea water, and contemplating magnificent sunrises. This modern villa offers all the amenities needed to live or spend holidays in maximum comfort:

1. 2 floors;
2. 3 bedrooms, 2 bathrooms, a living room combined with the kitchen, and a guest room;
3. a parking space;
4. a spacious landscaped plot;
5. high energy efficiency (solar panels, heat-retaining building materials).

Proximity to the beach and resort infrastructure opens up an excellent opportunity to rent out the villa seasonally or year-round.

Read also:

1. How to buy property remotely in order to quickly obtain PR and move to Cyprus?
2. Buying property in Cyprus with cryptocurrency
3. Land Registry Department in Cyprus
4. Features of Cyprus real estate: obvious to locals and surprising to visitors
5. The mortgage has been approved: what does the portrait of an ideal borrower in Cyprus look like?