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House 150 м² in Protaras, Cyprus

1 870 213 $

12 468 $ /м²

4OTQC
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Area

150 м2

Bedrooms

5

Bathrooms

4

5 bedroom cottage for sale in Protaras, Famagusta, Cyprus

This five bedroom house is located in Protaras (Parapimni neighborhood), just a short walk from the coast of Protaras! The villa is equipped with high technology, modern spaces, quality interiors and offers a comfortable standard of living. It is the perfect place for those who want to escape to a safe, warm country that offers a luxurious lifestyle, many benefits of citizenship, freedom to travel and investment opportunities. Features: Energy class A, thermal insulation, outdoor Jacuzzi, outdoor bar, central warm field, central VRV system, ventilation system, indoor and outdoor music system, swimming pool 10m x 5m, lighting control, Net-billed 3kWp solar panel system, automatic car entry, alarm system, fire alarm system, camera system for outdoor space, Mediterranean style garden, outdoor grill, outdoor shower (pool area), double covered parking, TV and satellite channels, irrigation system. Price + VAT.

Additional details

Property type

All Types

Object type

House

Price

1 870 213 $

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 (1 870 213 $) 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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