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Spacious 3 Bedroom Bungalow + Annex with private pool and huge plot for sale in Peyia village

695,000 €
  • Total area
    190 m²
  • Land area
    2,200 m²
  • Bedrooms
    4
  • Bathrooms
    4
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Features
  • Built in 1991
  • Sea at 1,000 m
  • Swimming pool
  • Garden

This most cozy and spacious bungalow is situated in a quiet residential area in Peyia village just off the main road towards St. George in Paphos. Built on a huge plot of 2,200 square meters, this property enjoys beautiful views of the sea and surrounding areas. Its location is very convenient as its very close to the center of the village filled with all kinds of facilities, very close to Coral Bay tourist area and all the beaches and its just about 15 km away from the center of Paphos. It has a covered area of 190 square meters with a patio of 30 square meters and has the novelty of a private swimming pool as well as an annex apartment. On entering the bungalow there is a spacious hallway which leads out to the living and dining room on one side and to the bedrooms on the other. The living and dining area is most spacious as the table accommodates seating for six people and there is a gas fire place in the living room. Moving on, there is a separate kitchen with a table to cater for 4 people and ample space for cabinets. All the bedrooms are of double size with fitted wardrobes and the master bedroom accommodates en-suite facilities. The property is completed with a separate guest washroom and family shared bathroom. Another lovely feature of this property are the archways in every corridor and doorway that give the property a sense of coziness. Externally, the covered patio area follows round most of the property and enjoys the beautiful views of the swimming pool, surrounding areas and sea. There is also an annex which can be used as an additional guest room or as a housekeeper's room. The garden and landscape in general are all perfectly kept and maintained with a built gazebo and some covered area for sunbeds around the pool. Extra property features include: A/C units, solar panels, store room, double glazing, shutters and a garage. It is noteworthy to mention that there is an additional 30% building density for the plot. This a must view property to be appreciated. With Title Deeds.

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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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 Peyia elsewhere on our website.

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    Inna Shchukina
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    Senior property selection advisor
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      How to buy property with Tranio

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      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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