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House 135 м² in Peyia, Cyprus

427 279 $

3 165 $ /м²

4OTOz
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Area

135 м2

Bedrooms

3

Bathrooms

2

3 bedroom house for sale in Peyia - Paphos, Cyprus

Price from €365,000 + VAT. A lovely residential complex of 37 villas set in a beautiful location in the central area of Pegeia-Pafos. The 3 bedroom villas are spacious, with private pools and built to a high standard. They enjoy beautiful views of the bay and town. Fantastic location close to all amenities including medical center, pharmacy, schools, supermarkets, restaurants and bars, gym and much more just a short drive away. The famous serviced beach of Coral Bay and the future Paphos Marina, which will be built in the near future, are only a few minutes drive away.

Additional details

Property type

Investment

Object type

House

Price

427 279 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Peyia; 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 Peyia 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 (427 279 $) 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 Peyia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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