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House 200 м² in Protaras, Cyprus

1 928 657 $

9 643 $ /м²

4OTQB
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Area

200 м2

Bedrooms

5

Bathrooms

4

5 bedroom villa for sale in Protaras, Famagusta, Cyprus

This five bedroom villa is located in Protaras (Paralimni neighborhood) just minutes from the coastal beach of Protaras! The villa is equipped with high-end amenities, modern spaces, high-level technology and quality interiors. It is ideal for those who want to escape to a safe, warm country offering a luxurious lifestyle, many civic benefits, freedom of movement and investment opportunities. Features> Energy Class A> Thermal insulation> Outdoor Jacuzzi> Outdoor bar> Central underfloor heating> Central VRVV> Ventilation system> Sound system inside + outside> Swimming pool 10m x 5m> Lighting control> Net metering system> Net 3 kW pv> Automatic vehicle entry> Security alarm system> Fire alarm system> Outdoor camera outside> Mediterranean style garden> Outdoor grill> Outdoor shower (in pool area)> Double gated parking> TV and satellite wiring> Irrigation system Price + VAT'.

Additional details

Property type

Elite

Object type

House

Price

1 928 657 $

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 (1 928 657 $) 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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