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Villa 263 м² in Paphos, Cyprus

3 999 430 $

15 206 $ /м²

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Area

263 м2

Bedrooms

5

Bathrooms

6

5 bedroom luxury villa for sale in Paphos, Cyprus

A brand new 5 bedroom villa superbly located on the coast in an unspoiled area of picturesque Coral Bay, within walking distance of the 5 star Coral Beach Hotel and Resort, 10 minutes drive from the cosmopolitan Paphos area to the south east and Akamas Nature Reserve to the north. Covered area: 263 m2 Covered verandas: 23 m2 Total covered area: 402 m2 Uncovered verandas: 25,5 m2 Lower ground floor: 134 m2 Plot area: 638 m2. The villa consists of: - 5 bedrooms - 6 bathrooms - Comfortable living and dining room - Modern architecture - Modern kitchen - Swimming pool - Sunny patio - Garden - Pergola - Underfloor heating PRICE: € 3.399.000 + VAT. Delivery: September 2020. The complex will consist of 63 villas, many of which will have a private pool and direct access to the beach. The development features a residents' clubhouse, private pools and gardens, large verandas and patios, ample covered parking and superb interior finishes.

Additional details

Property type

Elite

Object type

Villa

Price

3 999 430 $

FAQ

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.
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 Paphos 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 (3 999 430 $) 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 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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