Villa in Larnaca. City - Larnaca
We present to your attention a luxurious villa with a modern design, built in a prestigious complex of gardens and beautifully built in Larop> Villa types: The villa offers three or four spacious bedrooms, each of which has its own bathroom, providing a high level of privacy and comfort for all tenants. The open layout of the living room and dining room creates space for family pastime and entertainment, and the presence of a fireplace adds romance and coziness. A feature of these villas is a unique roof garden, where you can enjoy picturesque views of the sea and mountains, relaxing in peace and quiet. The outdoor pool invites you to refreshing baths on warm days, and the solar panels on the roof provide energy saving and an environmentally friendly way of heating water. On the first floor there is a laundry room, which provides convenience in household affairs. In addition, there is a covered parking and storage room, which provides space for storing things and convenience of parking the car. The location of this complex is its great advantage, as it is within walking distance from the sea, only 550 meters. All necessary infrastructure such as the city center, shops, restaurants and entertainment facilities are in the immediate vicinity, providing maximum comfort and convenience for the residents of this luxury villa. Date of completion: 12.2024 Information updated: 15.03.2024
In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Larnaca; 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 Larnaca 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 (668 184 $) 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 Larnaca: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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