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House 179 м² in Peyia, Cyprus

526 315 $

2 940 $ /м²

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Area

179 м2

Bedrooms

4

Bathrooms

3

Four bedroom bungalow for sale in Peyia, Paphos, Cyprus.

A spacious accommodation comprising a combined living/dining and kitchen area, three spacious bedrooms and a pleasant family bathroom where the master bedroom has its own en-suite bathroom and dressing room. The interior and exterior are harmoniously blended, with the living room opening out onto large spaces and verandahs which house a peaceful, private heated swimming pool with Roman steps. All of this provides the perfect base for outside dining, entertaining and relaxing with family and friends. Outside the bungalow there are stairs leading to a spacious living room and kitchen with a one bedroom bathroom and laundry room. This exceptional property also has secure covered parking as well as plenty of storage space in the form of two built-ins, which can also be used as a workshop or bar area if desired. Combined with the highly sought after location and amenities, this outstanding bungalow is an excellent investment for either a long term rental, vacation or permanent residence. Pool: Private, HeatedBuilt Year: 1980Partially furnishedParking space: 2Title AppealTitle NotImplementedClosedUnknown

Additional details

Property type

All Types

Object type

House

Price

526 315 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Peyia; 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 Peyia 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 (526 315 $) 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 Peyia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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