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House 190 м² in Protaras, Cyprus

1 811 769 $

9 535 $ /м²

4OTQA
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Area

190 м2

Bedrooms

5

Bathrooms

4

5 bedroom house / villa for sale in Protaras, Famagusta, Cyprus

This five bedroom villa is located in Protaras (Paralimni neighborhood), just minutes from the coast of Protaras! The villa is equipped with high-end amenities, modern spaces, high-tech and quality interior finishes. This is the perfect place for people who want to experience a safe, warm country that offers a luxurious lifestyle, many civic benefits, freedom of movement and investment opportunities. Features> Energy class A> Thermal insulation> Outdoor hot tub> Outdoor bar> Central underfloor heating> Central VRV> Ventilation system> Sound system inside and outside> Swimming pool 10m x 5m> Lighting control> Net metering system 3kW photovoltaic panels> Automatic entry for cars> Alarm system> Fire alarm system> Outdoor surveillance camera system> Mediterranean style garden> Outdoor grill> Outdoor shower (swimming pool)> Double covered parking space> TV and satellite systems> Irrigation system Price + VAT

Additional details

Property type

Investment

Object type

House

Price

1 811 769 $

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 (1 811 769 $) 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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