Property Abroad

Cyprus

Limassol

Villa

Villa 885 м² in Limassol, Cyprus

8 797 388 $

9 940 $ /м²

4OVQt

Villa 885m² in Cyprus, Limassol. Priced at 7500000€ rent photo- #1

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Villa 885m² in Cyprus, Limassol. Priced at 7500000€ rent photo- #48

Area

885 м²

Bedrooms

Bathrooms

5 bedroom luxury villa in Limassol, Cyprus

A brand new 5 bedroom villa located in the Kalogiroi area in a unique location with beautiful sea views. Just minutes from the beach and ten minutes from the center of Limassol with full and quick access to all amenities and city life. The villa is designed and built with luxury in mind. Villa features: Private swimming pool, luxury fittings, En-suite bathrooms, office, laundry room, elevator, storage and plant rooms, roof garden, central heating, sauna, solar heating, central heating - underfloor heating, marble and granite floors, bar, granite kitchen worktops, home theater. Price: 7.500.000 EURO + VAT.

Additional details

Property type

Elite

Object type

Villa

Price

8 797 388 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Limassol; 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 Limassol 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 (8 797 388 $) 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 Limassol: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).