For Sale 3,4 & 5 Luxury Homes overlooking the Endless Blue in Peyia village — Paphos

657,000 €

3,285 € /m²

Total area
200 m²
Land area
518 m²
Bedrooms
3
Bathrooms
3

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Features

Sea at 3,000 m

At an idyllic and tranquil location of distinct natural beauty in Peyia (Pafos District), overlooking the breath-taking west coast of the city, this is a development of another outstanding project. The new project named Viewpoint Hills offers a unique sense of comfort, relaxation and opulence in one of the most privileged areas of the island with the mesmerising panoramic view of the endless blue Mediterranean. Viewpoint Hills is a stone throw away from sandy beaches, a plethora of cafes, shops and other services, making it an excellent choice of timeless investment, having already attracted the interest of a large number of potential buyers and investors. Viewpoint Hills will set a new precedent for luxury living in Cyprus. A brand new development comprising boutique-style residences, this new level of opulence is located in the sought-after suburb of Peyia in the city of Paphos with sweeping views of the alluring waters of the Mediterranean. Viewpoint Hills reflects the creative vision of award winning architects with a premium choice of individually designed villas, residents of these exclusive homes will benefit from private swimming pools, large terraces, spacious interior, highly specified finishes and a comprehensive array of lifestyle facilities. Viewpoint Hills exudes a remarkable calm and peacefulness; a gentle and beautifully designed transition between the outside world and the privacy of one’s home. Total covered areas from: 200 — 574 square meters built on plots from 518 — 1449 square meters. Prices start from: 625,000 Euros + VAT for 3 bedroom villas, 1,300,000 Euros + VAT for 4 bedroom villas and 2,025,000 Euros + VAT for 5 bedroom villas. Project is off -plan/ Estimated delivery date: 18 months upon signing purchase contracts.

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 apartments for sale in Cyprus.

You can see more apartments for sale in Peyia 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.

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.