Villa 350 м² in Protaras, Cyprus

1 987 101 $

5 677 $ /м²

4OVi9

Villa 350m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #1

Villa 350m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #2

Villa 350m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #3

Villa 350m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #4

Villa 350m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #5

Villa 350m² in Cyprus, Protaras. Priced at 1700000€ rent photo- #6

Area

350 м²

Bedrooms

Bathrooms

5 bedroom luxury villa for sale in Protaras, Famagusta area

Amazing sea front villa located in one of the best areas of the island. The unique unobstructed sea view that characterizes this property. There is a small private beach right in front of the villa, and a couple of minutes walk from the villa will take you to one of Fireman'\''s famous beaches. It is a spacious villa with five bedrooms, two of which have en-suite bathrooms and the master bedroom has a walk-in closet. Four of the bedrooms are on the second floor and two of them have the privilege of panoramic sea views with access to a huge veranda decorated with balustrades. The kitchen is fully equipped with all appliances and granite countertops. The rest of the first floor is a huge open plan living and dining area with one guest bedroom. A unique advantage of the villa are the large double glazed windows and patio doors which allow you to enjoy the beautiful views whilst watching TV or dining.

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).