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House 161 м² in Protaras, Cyprus

663 624 $

4 121 $ /м²

4OTuc
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Area

161 м2

Bedrooms

4

Bathrooms

3

A 4 bedroom villa for sale in Protaras, Famagusta, Cyprus.

Characterized by contemporary architecture, this detached property offers a bright and spacious home. The open plan layout of the first floor lounge, dining room and kitchen takes advantage of the large walls of windows found along the floor, while the kitchen island promotes space saving and increased worktop space. An additional feature of this level is the two bedrooms that share a common bathroom. A 180° staircase leads to the second floor where there are two further bedrooms, one with en-suite shower room, and a family bathroom. Double doors from both bedrooms lead to a spacious veranda with stunning sea views. For more spectacular sea views, take the stairs right at the corner of the veranda and enjoy alfresco dining under the electrically operated aluminum pergola located on the roof. Both the interior and exterior of the property are impressive. There is a private infinity pool (8x4m) with landscaped green area and BBQ. A private road that ends in a cul-de-sac leads to this amazing gated controlled property. Located in a quiet area of Protaras just steps away from the town center and many amenities. Certificates of ownership are on subdivision. *** Property is fully furnished at an additional cost.Part of the small town of Paralimni on the southeast coast of Cyprus, Protaras is one of the most popular summer destinations on the island, a place favored by sailors, famous for its magnificent beaches with clear waters, from hidden coves to long stretches of white sand. In addition, a wide range of restaurants and picturesque tavernas, modern bars, traditional pubs and laid-back cafes make Protaras the perfect resort town to relax and enjoy the lazy summer days, ideal for families and couples alike.

Additional details

Property type

All Types

Object type

House

Price

663 624 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Protaras; 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 Protaras 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 (663 624 $) 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 Protaras: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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