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Villa 240 м² in Protaras, Cyprus

2 370 086 $

9 875 $ /м²

4OW6J
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Area

240 м2

Bedrooms

5

5 bedroom luxury villa for sale in Protaras, Cyprus

A luxury 5 bedroom custom built villa located in the Connos and Cape Greco area, in a prestigious hillside location with spectacular sea views. The 240m2 villa sits on a large 2,500m2 plot with a separate title deed. Features: Marble and parquet floors Superior quality ceramic tiles and sanitary ware Sound and thermal insulation Italian fitted closets, kitchens and interior doors Provision for central heating Security system Hidden lighting Tiled patios Tiled infinity pool with hot tub - water feature The villa is located in an exclusive area where only large residences can be found. This Cape Greco neighborhood is located between Ayia Napa and Protaras, two of the most popular tourist resorts on the island. The plot is situated on an elevated position, offering beautiful views of both Cape Greco itself and the sea, and is within walking distance of Konnos Bay, one of the best beaches on the island. Being just a short drive from Ayia Napa and Protaras with their gorgeous white sandy beaches, stores, restaurants and lively nightlife, the area offers peace and tranquility without sacrificing the conveniences of modern life.

Additional details

Property type

Elite

Object type

Villa

Price

2 370 086 $

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 (2 370 086 $) 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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