Villa 1050 м² in Protaras, Cyprus

4 444 439 $

4 232 $ /м²

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Villa 1050m² in Cyprus, Protaras. Priced at 3800000€ rent photo- #1

Villa 1050m² in Cyprus, Protaras. Priced at 3800000€ rent photo- #2

Villa 1050m² in Cyprus, Protaras. Priced at 3800000€ rent photo- #3

Villa 1050m² in Cyprus, Protaras. Priced at 3800000€ rent photo- #4

Villa 1050m² in Cyprus, Protaras. Priced at 3800000€ rent photo- #5

Villa 1050m² in Cyprus, Protaras. Priced at 3800000€ rent photo- #6

Area

1050 м²

Bedrooms

Bathrooms

Luxury 6 bedroom villa for sale in Protaras, Cyprus

This luxury villa was built in 2007 on a 5500 sqm plot with building permit, with sea views (5 minutes drive) and consists of a two storey building with a 960 sqm basement, five rooms on the 2nd floor and one on the first floor (guest room) with en-suite bathroom. additional maid's room with machine room. Swimming pool, surrounding gardens and tennis court. Security and alarm system installed with 6 CCTV cameras in the basement for multiple use.

Additional details

Property type

Elite

Object type

Villa

Price

4 444 439 $

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 (4 444 439 $) 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).