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Villa 500 м² in Paphos, Cyprus

ID 4OVMu
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Area
500 m²
Bedrooms
6
Bathrooms
6

Description

6 bedroom luxury villa for sale in Paphos, Paphos District

Proudly perched on a hilltop 500 meters above sea level on a plot of 2,676 square meters, this exclusive and modern 6 bedroom residence overlooks the Paphos coastline and beyond. It is located on the outskirts of the traditional village of Armou just 10 minutes from Paphos town center. No expense has been spared in developing the specification for this home with materials of superb quality. The villa is designed around a stunning living room, an unusually shaped double height, curved glass window facing south towards the sea and opening onto a large sun terrace. On the first floor there is an impressive main living room with real fire and doors lead to the main terrace with panoramic sea and mountain views. The living room leads into the spacious dining room and large modern kitchen adjacent to it. The first floor also has a checkroom, large TV room and study. On the second floor there is a sitting/viewing area. The master bedroom has a fireplace, walk-in closet and large bathroom with double shower. The other two bedrooms have en-suite bathrooms and all have access to a private balcony with spectacular views of the coast and beyond. The lower level includes 2 additional guest rooms with en-suite bathrooms and retractable doors to the private terrace adjacent to the pool. There is a double garage, two utility rooms, a maid's apartment with kitchenette and bathroom. The outside terraces have everything you need. The main terrace has two large pavilions, one for dining and one for sitting, relaxing and enjoying the panoramic view. A few steps lead to the pool area with a 15 by 7 meter infinity straight swimming pool that seems to merge with the distant sea. The pool terrace has a large pavilion with an outdoor kitchen for barbecuing and dining. The price includes expensive fixed requirements, equipment and furniture. An art collection can be purchased for an additional €250,000. The property has state certificates of ownership.

Characteristics

Property type
Elite
Object type
Villa
Price
3 301 933 $

FAQ

How can I get a residence permit by buying property in Cyprus?

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paphos; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

Yes. Rental income tax is 5–25% depending on the regime. In Paphos short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (3 301 933 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

A typical transaction runs 30–90 days, averaging 45 in Paphos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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