Famagusta, Cyprus 🇨🇾
#1757 35.018532, 33.939946

Nomad Score: 64%
Overview Guide Scores Costs

Essentials

🏙️ City Famagusta is a coastal city located in northeastern Cyprus, known for its rich history and beautiful architecture.
👥 Population Approximately 50,000 residents inhabit the city.
💻 Internet Speed Average internet speeds are around 40 Mbps.
💸 Currency & Banking Currency is Euro (EUR), with 1 EUR ≈ 1.07 USD.
🚰 Tap Water Tap water is generally safe to drink.
🔌 Power Electricity is 230V, 50Hz, with Type G sockets.
📶 SIM Card Major providers include Cyta, Primetel, and MTN.
💳 Banking for Expats Common banks include Hellenic Bank and Bank of Cyprus, with services available in English.
🛌 Accommodation Accommodation options include hotels, serviced apartments, and local rentals found on Airbnb.
💳 Cashless Friendly Yes, cashless transactions are widely accepted in shops and restaurants.
🏠 Short Term Rentals Airbnb and VRBO list various options for short-term stays, prices averaging €40-€70 per night.
🛏️ Budget Accommodation Hostel options start at around €15 per night for dorms in local hostels.

Working and Networking

🏢 Best Coworking Space The Famagusta Co-Working Space offers a productive environment with high-speed internet.
☕ Best Cafe for Work Cafe Nia is known for its cozy atmosphere and excellent coffee, making it great for remote work.
💼 Networking Events Local networking events can be found regularly through Meetup groups focusing on entrepreneurship.
🥂 Social Events for Expats The Famagusta Expats Facebook group organizes regular meetups and social gatherings.

Transportation

🚕 Best Taxi/Ride App Bolt operates in Famagusta, providing reliable ride-hailing services.
🚲 Bike/Scooter Rental Bicycles and scooters are available for rent at various shops like Velo Cyprus.
🏖️ Best Beach Nearby Varosha beach is only a 10-minute walk from the city center.
✈️ Top Regional Airline Local airline Atlasglobal serves regional destinations.
✈️ Top International Airline Turkish Airlines operates several flights to and from Famagusta.
🛣️ Highway Access The A23 highway connects Famagusta to other major cities in Cyprus.
🚉 Main Train/Transit Hub Famagusta does not have a train station; local buses serve the region.
🚍 Public Transport Passes Local bus passes are available for €1.50 per trip, with discounts available for monthly users.
✈️ Regional Travel Buses connect Famagusta to major cities like Nicosia and Larnaca frequently.

Health and Wellness

🏥 Best Hospital The Famagusta State Hospital offers basic medical services and emergency care.
🧘 Yoga & Wellness Centers Breathe Yoga Studio provides various yoga classes and wellness workshops.
🏋️ Gyms & Fitness Centers Fit & Well Gym offers a variety of fitness classes and modern equipment.
🧺 Laundry Services Local laundromats like Quick Wash provide convenient laundry services at reasonable prices.

Food and Drink

📱 Best Food Delivery App Famagusta uses apps like Glovo for food delivery from local restaurants.
🍽️ Best Local Dish to Try Try Dolma, a dish made of stuffed grape leaves, which is quite popular in the region.
🍱 Vegan/Vegetarian Options Cafe Flora offers a range of plant-based dishes in a cozy setting.
🍫 Best Dessert Spots Kafeneio Cafe serves delightful traditional pastries and desserts.
🛒 Affordable Shopping Spots Local markets like the Famagusta Market provide fresh produce at reasonable prices.
🛒 E-commerce/Online Store Local stores like Market Cyprus sell groceries online with delivery options.
🛒 Grocery Delivery Supermarket delivery is available from Ermes or K-Cyprus.
🍸 Bar/Nightlife Area The Old Town offers a vibrant nightlife with plenty of bars and lounges.
🍻 Local Brewery Local brewery Heineken Cyprus produces a range of beers available locally.
🍷 Wine Bars Vino & Co is a popular wine bar offering local and international selections.
🍲 Street Food Stalls Street vendors around Liberty Square serve delicious local snacks.
🍕 Popular International Cuisine Bocca serves Italian cuisine, while The Turkish Kitchen specializes in traditional dishes.

Culture and Attractions

🎟️ Must-See Landmarks The Othello Castle is a must-visit landmark steeped in history.
🏛️ Museums & Art Venues The Famagusta Cultural Centre hosts various art exhibitions and cultural events.
🏰 Historical Sites Explore the ancient city walls which date back to the medieval period.
🕍 Religious Sites The Lala Mustafa Pasha Mosque, a converted cathedral, is a significant site.
🎉 Annual Events The Famagusta Arts Festival takes place annually, showcasing local talents.
🎨 Cultural Districts The Old Town features charming streets rich in culture and history.
🎭 Theater Venues Famagusta Theater hosts plays, concerts, and cultural performances.
🛍️ Local Markets Famagusta's local market offers a variety of traditional crafts and foods.
🎼 Music Scene Numerous bars feature live music, particularly in the Old Town.
🎨 Street Art Street art can be found in various alleyways, showcasing local artists' work.
🧑‍🍳 Cooking Classes Cooking classes at The Cyprus Institute teach traditional Cypriot cuisine.
👩‍🎨 Art Galleries Contemporary art can be viewed at The Cultural Center's gallery.
🕰️ Historic Buildings The Venetian Famagusta Fortress is a remarkable historical structure.
🏴 Local Heritage Cyprus' rich history is represented in its diverse architecture and traditions.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The Karpaz Peninsula offers stunning landscapes and pristine beaches.
🏞️ National Parks Nearby The Cape Greco National Park provides beautiful coastal views and hiking trails.
🚲 Cycling/Walking Paths The coastal path stretches between Famagusta and the nearby beaches.
🌄 Scenic Viewpoints The scenic viewpoint at Cape Greco offers breathtaking views of the Mediterranean.
🦉 Birdwatching Locations The wetlands near Famagusta are ideal for birdwatching, especially in spring.
🔥 Bonfire-Friendly Spots Several designated areas along the coastline allow bonfires during certain months.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local courier services are available for shipping needs.
🛠️ Tech Repair Services Locally, shops like FixIt provide electronic repair services.
🏓 Table Tennis Spots Community centers like the Famagusta Youth Center have table tennis facilities.
🧑‍🏫 Language Classes Language schools in the area offer English and Greek classes.
📚 Libraries & Study Spots The Famagusta Public Library provides a quiet space for reading and studying.
🏘️ Community Centers Local community centers host various cultural and social activities.
🕹️ Gaming Lounges A few gaming lounges in Famagusta offer arcade and console gaming options.
🎰 Casino & Gaming Halls The Casino of Cyprus in Famagusta offers various gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €2,500 per m² (e.g., 40 m² = €100,000)
🏢 Studio Purchase Price (Outside City) Approx. €2,000 per m² (e.g., 40 m² = €80,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,000 per m² (e.g., 60 m² = €180,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,400 per m² (e.g., 60 m² = €144,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,300 per m² (e.g., 80 m² = €264,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 80 m² = €200,000)
💼 Corporate Tax 12.5% is the standard corporate tax rate in Cyprus.
💵 Dividend Withholding Tax The dividend withholding tax is generally 17%.
🏦 Tax System Cyprus uses a territorial tax system with various incentives for residents.
📈 Highest Income Tax Bracket The maximum personal income tax rate is 35%.
🧾 VAT The standard VAT rate is 19%.
🌐 Controlled Foreign Company (CFC) Rules Yes, Cyprus has CFC rules in place.
🏠 Property Tax Yes, there is an annual property taxation system in place.
🏠 Property Transaction Tax Tax rates vary between 1% to 8% based on property value.