Land 30 м² in Coral Bay, Cyprus

28 877 489 $

962 582 $ /м²

4Of8B

Land 30m² in Cyprus, Coral Bay. Priced at 25000000€ rent photo- #1

Land 30m² in Cyprus, Coral Bay. Priced at 25000000€ rent photo- #2

Land 30m² in Cyprus, Coral Bay. Priced at 25000000€ rent photo- #3

Land 30m² in Cyprus, Coral Bay. Priced at 25000000€ rent photo- #4

Land 30m² in Cyprus, Coral Bay. Priced at 25000000€ rent photo- #5

Area

30 м²

Cape Coral Land Parcel

This land parcel is situated in the esteemed Coral Bay region of Paphos, adjacent to the Leptos Estates Coral Seas development. The location is known for its unspoiled coastal beauty and offers stunning views of the picturesque Coral Bay area. Moreover, residents will enjoy easy access to the prestigious 5-star Coral Beach Hotel and Resort, located just a short stroll away. Those in search of urban excitement can reach the vibrant Paphos area within a quick 10-minute drive to the south-east, while the captivating Akamas Nature Reserve awaits to the north, providing a tranquil escape.

Additional details

Property type

Land

Object type

Land

Price

28 877 489 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Coral Bay; 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 Coral Bay 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 (28 877 489 $) 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 Coral Bay: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).