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House 130 м² in Protaras, Cyprus

473 397 $

3 641 $ /м²

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Area

130 м2

Bedrooms

3

Bathrooms

3

3 bedroom cottage for sale in Protaras, Famagusta, Cyprus

Luxury three bedroom villa with ready documents for sale in the Kavo Greco area of Protaras. This is a spacious detached villa with its own pool and three bedrooms. The villa is sold unfurnished but with electrical appliances and air conditioning. On the first floor there is a combined kitchen and living room, guest toilet. A staircase leads to the ground floor where the pool compressor and central heating systems are located. On the first floor there are three spacious bedrooms with a shared bathroom. The master bedroom has its own bathroom. The villa is in very good condition and is equipped with central heating and air conditioning. There is a private pool in the backyard, surrounded by a green garden and a high fence for added privacy. The villa has covered parking, outdoor shower, covered veranda, beautiful garden with flowers and palm trees. The villa is located in a complex of 22 villas, entrance through a gate. The villa is in excellent condition and is within walking distance of one of the best beaches in Cyprus, Cape Greco National Park, as well as local amenities and bus stops - ideal for permanent residence or investment purchase!

Additional details

Property type

Residential Properties

Object type

House

Price

473 397 $

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 (473 397 $) 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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