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House 215 м² in Peyia, Cyprus

632 138 $

2 940 $ /м²

4OTU1
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Area

215 м2

Bedrooms

4

Bathrooms

3

4 bedroom bungalow for sale Peyia, Paphos, Cyprus

This beautiful three bedroom bungalow with adjoining one bedroom is located in the picturesque area of Peyia, which is only a 20 minute drive from Paphos harbor. Peyia is a very popular area due to its many amenities, bars, restaurants and proximity to Coral Bay with its sandy beach and nightlife. As you enter the bungalow, you are welcomed into a hallway. To the right of the bungalow is the spacious living room and to the left is the dining room, which flows into the open access kitchen. From the living room there is access to a canopied veranda overlooking the private pool. The outside area has a charming pergola with sun loungers, table and chairs and a large storage room that can be used as a workshop. The bungalow has three spacious bedrooms, all with fitted closets and air conditioning. The second and third bedrooms share a common bathroom. The bungalow has a fourth bedroom which is located in the basement. It has a small kitchen, bathroom and living room. This studio can be used as a fourth bedroom or as a private guest room. The outside area also has a private control panel, plenty of space for entertaining family and friends, a swimming pool and lounge area. Bungalow properties include air conditioning, spacious bedrooms, private swimming pool, low maintenance garden, and full title deeds. * Plot size is approximate.

Additional details

Property type

Elite

Object type

House

Price

632 138 $

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 (632 138 $) 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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