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House 153 м² in Polis, Cyprus

242 933 $

1 587 $ /м²

4OTcA
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Area

153 м2

Land for sale in Polis, Paphos, Cyprus.

The property for sale is a residential plot in the beautiful municipality of Polis Chrysochou, in the district of Paphos. It is located in the center of the municipality, about 550 meters north of the Polis Chrysochou stadium and only 600 meters south of the beautiful beaches of the area. It is close to the center of the municipality, where all the necessary amenities and facilities are available. It also has excellent access to the tourist area of Latsi and neighboring communities. The property has an irregular shape and a slightly curved topography, and is bordered by a public registered road (Dios Polyeos Street) along its northern boundary with a total area of approximately 55 meters. It should be noted that the plot has an old single-storey building (of approximately 65 square meters), which has no economic value. One of the most advantageous aspects of this property is the fact that it is located in a residential zone (Ka6) with a high density of 90%. The property is occupied. It should be noted that the property is located in an ancient monuments zone.

Additional details

Property type

All Types

Object type

House

Price

242 933 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Polis; 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 Polis 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 (242 933 $) 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 Polis: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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