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House 220 м² in Paphos, Cyprus

958 484 $

4 356 $ /м²

4OTjJ
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Area

220 м2

Bedrooms

5

Bathrooms

3

A 5 bedroom house for sale in Paphos, Paphos, Cyprus.

A five bedroom house in Peyia, Paphos. The development will be located just a few meters east of Agiou Georgiou Street and 2 km (approximately) northeast of the sea. It will consist of 13 houses with 3-5 bedrooms, each with a private pool. The houses will have underfloor heating, VRV system for cooling and alarm system which are included in the price. Furniture package from 50,000 euros plus VAT. The project will be completed in 2025. Plot area: 672 sqm. Total built-up area: 415 sqm. Prices: €820,000 plus VAT.

Additional details

Property type

All Types

Object type

House

Price

958 484 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paphos; 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 Paphos 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 (958 484 $) 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 Paphos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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