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Villa 120 м² in Protaras, Cyprus

473 683 $

3 947 $ /м²

4OTPz
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Area

120 м2

Bedrooms

3

Bathrooms

3

3 bedroom house / villa for sale - Protaras, Famagusta, Cyprus

An impressive three bedroom detached villa with title deeds is available for sale in the Kavo Greco area of Protaras. This is a spacious detached three bedroom villa with private pool. The villa is sold unfurnished but is equipped with electrical appliances and air conditioning. It consists of a combined kitchen and living room on the first floor. A staircase leads to the basement where the pool compressor and central heating systems are located. On the first floor there are three large bedrooms with a shared bathroom. The master bedroom has its own bathroom. The villa is very well maintained and in excellent condition. It is bright and spacious, with central heating and air conditioning throughout the house. There is a private swimming pool in the backyard. The plot has a high fence and landscaped garden, which increases privacy. Outside there is covered parking, outdoor shower, covered veranda, beautiful garden with flowers and palm trees. The property is part of a complex of 22 villas, there is an entrance gate to the complex. The villa is in excellent condition and within walking distance of one of the best beaches in Cyprus, Cape Greco National Park, as well as local amenities and bus stops - ideal as a permanent home or purchase for investment!

Additional details

Property type

Residential Properties

Object type

Villa

Price

473 683 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Protaras; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Protaras short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (473 683 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Protaras: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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