Villa 380 м² in Protaras, Cyprus

1 987 101 $

5 229 $ /м²

4OVZI

Villa 380m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #1

Villa 380m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #2

Villa 380m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #3

Villa 380m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #4

Villa 380m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #5

Villa 380m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #6

Area

380 м²

Bedrooms

Bathrooms

5 bedroom luxury villa for sale in Protaras, Cyprus

A stunning 5 bedroom luxury villa located in a unique development of exclusive properties. This magnificent villa has been designed to give the owner the ability to manage it via the internet. The villa is located within a gated complex designed to provide peace and quiet for the residents. Underground parking is provided to avoid congestion and noise. The underground access is linked to the villa's electronic garage entrance so that the owners can access their residence from their own basement, where they also have their own parking area. The basement also has space for a private spa, gym and recreation room. The contemporary architectural design reflects the sea waves and colors, modern and luxurious interiors, and a rooftop garden with beautiful sea views. The gardens are designed to complement the existing environment in which the project is located and include an infinity infinity pool with overflow. The project is located close to Protaras. All amenities such as restaurants, bars, clubs, supermarkets and water park are within walking distance. The famous Fig Tree Bay beach is only a five minute walk away.

Additional details

Property type

Elite

Object type

Villa

Price

1 987 101 $

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 (1 987 101 $) 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).