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Ultra modern 3 Bedroom Villas in Prestigious Development in Chlorakas — 150 meters from the Sea

420,000 €
  • Total area
    155 m²
  • Land area
    246 m²
  • Bedrooms
    3
  • Bathrooms
    3
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Features
  • Built in 2017
  • Sea at 150 m
  • Balcony or terrace
  • Swimming pool

Lungomare Villas in Chloraka is a prime and prestigious development of 13 villas, just 150 meters from the beach and close to some of the best hotels in the area. This location speaks for itself – opportunities to purchase property in this area are rare. As if the location was not enough, the design of the villas with their geometrically designed upper balconies, their airy and ultra modern living spaces, all complemented by attractive stone and wood clad fascias and on-trend glass balustrades, make them even more desirable to own. Roof terraces will provide an up close view of the sea and offer a generous outdoor living space for you and your family. Nearby is a very pleasant coastal path where you can take in the fresh sea air and explore the small pretty coves and beaches along this stretch of coastline. The villas are built to the highest possible standards and styled with high quality fittings. At the early stage of construction you will be able to choose tiles, kitchen cabinets and other fittings to suit your own taste. A swimming pool is optional but will be handy for a refreshing dip during our long warm summer season. Gardens will be attractively landscaped with plants, small bushes and trees. The villas are suitable permanent living or holidays and have guaranteed rental potential. Chloraka is only a 10 minute drive to Pafos, situated on the coastal road of the western side of the island. There is huge variety of shops, bars and restaurants close by. In Pafos you will find every amenity you need including two international private schools. You can also drive further along the coast to find more superb beaches at Coral Bay – and just a little further on is the wild and unspoilt Akamas Peninsular with its rocky coastline, deserted beaches and nature walks. Project currently under construction. Starting price: 420,000 Euros plus VAT.

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 Chloraka elsewhere on our website.

Get a residency in Cyprus with property purchase from 300,000 EUR.

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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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