4 Bedroom Luxury Villa for sale in Upper Peyia

620,000 €
  • Total area
    285 m²
  • Land area
    593 m²
  • Bedrooms
    4
  • Bathrooms
    2
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Features
  • Sea at 3,000 m
  • Swimming pool
  • Garden

This Villa in Peyia has been designed to take full advantage of the magnificent sea views, this stunning project has been completed to the highest of standards. Boasting en-suite bathrooms, marble stairs, Italian styled kitchen, spacious balconies and a large private infinity pool, this property offers lifestyle living at its very best. Located in a the quiet residential area of Rizza Peyia Paphos, the villa is near to a wide variety of facilities and is a mere 5 minutes from the sandy blue flag beach of Coral Bay. Peyia stands at the gateway to the Akamas Peninsula, an area of outstanding natural beauty; this popular village offers a wide variety of shops, local taverns, bars and restaurants. Coral Bay with its blue flag sandy beach is a few minutes away, whilst Paphos town and ancient harbour a short distance along the coastal road. Nestled in the South-West corner in probably the most beautiful part of the island and sheltered from the North by the Troodos mountains, Paphos, once the Roman capital of the island, enjoys mild winters and warm, seemingly endless summers. The irrigation system has helped to turn Paphos into the “garden of Cyprus” and it is also renowned as having one of the healthiest climates in the Mediterranean. Paphos has become the focus of one of the most exciting areas for real estate investment in the eastern Mediterranean. The Government and private enterprise continue to invest heavily in the infrastructure, providing such features as extending the motorway network, extensive improvements to the quaint harbour of Paphos and coastal walkway, a new state-of-the-art marina is planned for around 1000 yachts and upgrading the International Airport into one of the most modern in the Mediterranean basin.

Extra opportunities

The Investor obtains residence permit or permanent residency in Cyprus by purchasing a newly-built property for at least €300,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.

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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 Peyia elsewhere on our website.

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      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.

      • 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.

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        Commercial Director
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