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House 207 м² in Paralimni, Cyprus

504 251 $

2 435 $ /м²

4OThV
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Area

207 м2

Bedrooms

4

Bathrooms

2

4 bedroom house for sale in Paralimni, Famagusta, Cyprus.

This charming, two-storey detached house in the Kokkina Gkremoi area of Paralimni offers the perfect vacation for those seeking comfort and relaxation. Situated in a quiet neighborhood, the property has a private pool and a generously equipped courtyard, ideal for outdoor activities and gatherings. On the first floor you will be welcomed by a friendly atmosphere, with a cozy living room decorated with a fireplace, a separate living room, an elegant dining room, a comfortable guest toilet and a well-equipped kitchen opening onto a pleasant veranda. On the second floor there are four bedrooms, including a luxurious master bedroom with en-suite bathroom, providing a private oasis for the master. Externally, the estate offers additional amenities such as an ancillary building that can serve a variety of purposes, a meticulously landscaped spacious yard enhancing the overall appeal, covered parking and of course, a refreshing pool perfect for relaxing and enjoying on sunny days. With its idyllic location, modern comforts and a host of desirable features, this detached home presents a wonderful opportunity to create unforgettable memories in a peaceful and convenient location. Location: nearest beach 3km, stores 2km, Ayia Napa center 2.4km, Protaras 6km.

Additional details

Property type

All Types

Object type

House

Price

504 251 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paralimni; 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 Paralimni 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 (504 251 $) 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 Paralimni: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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