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House 180 м² in Protaras, Cyprus

1 820 899 $

10 116 $ /м²

4OTQ7
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Area

180 м2

Bedrooms

5

Bathrooms

4

5 bedroom cottage for sale - Protaras, Famagusta, Cyprus

This five bedroom villa is located in Protaras (Paralimni neighborhood), just a short walk from the coast of Protaras! The villa is equipped with high quality amenities, modern spaces, high level technology and quality interiors. This is the perfect place for those who want to escape to a safe, warm country that offers a luxurious lifestyle, many civic benefits, freedom of movement and investment opportunities. Features> Class A energy efficiency> Thermal insulation> External Jacuzzi> External bar> Central heating floor> Central VRV> Ventilation systems> Sound system inside and outside the building> Swimming pool 10m x 5m> Lighting control> Pure Metering 3kW PV> System Automatic vehicle entry> Security alarm system> Fire alarm system> External camera system> Mediterranean style garden> External grill> External shower (pool)> Double covered parking> TV and satellite TV> Irrigation systemPrice + VAT.

Additional details

Property type

Elite

Object type

House

Price

1 820 899 $

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 (1 820 899 $) 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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