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House 172 м² in Argaca, Cyprus

379 213 $

2 204 $ /м²

4OTb8
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Area

172 м2

Villa for sale in Argaka, Paphos, Cyprus.

Features of the plot: The sea view plot is located in the area of Argaka, a few minutes drive from Polis Chrysochou. It has full access to the main road and all infrastructure facilities (electricity, water) for connection. The land is in a residential area, with an area of 10,034 sq. m, approved size for a residential building - 174 sq. m. Title deed is available. Date of building permit issuance: 22/06/2021 - no other building permits can be issued in this area as it is a Natura zone (protected). The expiry date of the building permit is: 24/05/2024 (can be extended). LOCATION: 600 m to the sea shore3 km to the city center of Polis40 km to Paphos international airport.

Additional details

Property type

All Types

Object type

House

Price

379 213 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Argaca; 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 Argaca 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 (379 213 $) 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 Argaca: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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