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Villa 960 м² in Protaras, Cyprus

4 441 756 $

4 626 $ /м²

4OVdU
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Area

960 м2

Bedrooms

6

6 bedroom luxury villa for sale in Protaras, Famagusta area

Luxury villa located in Protaras area. The house was built in 2007 on a plot of 5500 sqm with a building permit, overlooking the sea (2 minutes drive). The covered area is 960 sqm. It consists of two floors with basement, 5 bedrooms on the 2nd floor and 1 bedroom on the first floor (guest room) with its own bathroom. Additional maid's room, laundry room, swimming pool, surrounding gardens and tennis court. Security and alarm system installed with 6 CCTV cameras, basement for multi-purpose use.

Additional details

Property type

Elite

Object type

Villa

Price

4 441 756 $

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 (4 441 756 $) 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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