Modern seaview cottage on a plot with an overflow swimming pool, a wide terrace and a guest house, Ayios Elias, Protaras

1,700,000 €

Total area
290 m²
Land area
1,680 m²
Bedrooms
5
Bathrooms
5

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Features

Total rooms: 6
2-floor building
Built in 2009
Balcony or terrace
TV
Swimming pool
Garden
Car parks
Sea view

A cottage of 290 m² with a practical layout and stylish design is for sale. A plot of 1,680 m² comprises a large overflow heated swimming pool, a wide sunny terrace, a garage and a guest house annexed to the main house. The property is located in the popular neighbourhood of Protaras — Ayios Elias and is characterized by breathtaking panoramic views of the sea from all rooms.

Extra opportunities

We can help you to get Cyprus citizenship within 180 days when buying a property worth €2 M or more.

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Interior

The ground floor features a living room with a dining area and an access to a pool area through 8-meter glass doors. There is a contemporary stainless steel remote control fireplace and a color changing led lighting system for parties in the room. A fully equipped kitchen has a dining area and a breakfast bar. A bedroom, the second utility kitchen, a WC and an office are situated alongside. Almost all rooms face a poolside area.

The first floor consists of four bedrooms with built-in walk-in closets and en-suite bathrooms. A family bathroom displays a shower and a jacuzzi with coloured led lighting. A laundry room featuring a large dry out veranda which makes it very functional is situated on the same floor.

Equipment

10 solar panels for central heating
Led spot lighting
Underfloor heating
Surround sound system throughout the house including a poolside veranda
Air conditioning system
Satellite TV
Telephone line

Location

The popular resort of Protaras is known for the most beautiful beaches in southern Cyprus. The town comes to life with an abundance of delicious restaurants, lively bars and souvenir shops during summer months. The place offers nice conditions for water sports fans.

The resort of Ayia Napa is only a 10-minute drive away.

Property on the map

Location right down to the building, street or city
Other properties

Other offers nearby

More properties

If this property wasn’t for you, take a look at other houses for sale in Cyprus.

You can see more houses for sale in Protaras elsewhere on our website.

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

Can I obtain income from a seaside apartment?

Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

How does Tranio make money if your service is free for the clients?

We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.