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Villa 366 м² in Protaras, Cyprus

1 754 383 $

4 793 $ /м²

4OW71
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Area

366 м2

Bedrooms

5

Bathrooms

4

5 bedroom luxury villa for sale in Protaras, Famagusta area

An exclusive modern and spacious villa located in a quiet location in Protaras. It has 4 bedrooms upstairs and one bedroom downstairs, a very well equipped modern kitchen and a large living room with pool table! The plot is 1600 square meters and the covered area, including the garage, is an impressive 300 square meters. When you enter the villa, you will find a modern living room with comfortable sofas, an LCD TV mounted on the wall and a fireplace that just looks amazing in the cold season. There is a cable TV with many English, Russian, German and French channels. To the side is the kitchen with a stove in the middle, a large refrigerator, cabinets and sink. From the kitchen as well as from the living room you can access the garden. From the kitchen there is also an entrance to the garage. On the first floor next to the stairs there is a guest toilet. After the living room there is a bedroom with 2 single beds. Upstairs there is a fridge and a laundry room with tumble dryer and washing machine. On the left side of the hallway are 2 en-suite bedrooms and between them is a large family bathroom with bath and toilet. On the right hand side of the hallway are two further bedrooms. The first is for the children. The second has a glass door that connects to the terrace with amazing sea views. The corridor leads to a terrace with patio furniture and fantastic sea views; an ideal place to relax in

Additional details

Property type

Elite

Object type

Villa

Price

1 754 383 $

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 (1 754 383 $) 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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