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Villa – Paphos, Cyprus

1,656,000 €
  • Total area
    297 m²
  • Land area
    643 m²
  • Bedrooms
    5
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Features
  • Sea at 1,200 m
  • Garden

This project is located on the Coastal Plain of Paphos in Cyprus, incorporating both Beach and Town location with breathtaking unobstructed sea views of the Mediterranean’s splendor. This group of 7 Luxury Residences are designed over three levels to provide ample space for all your family activities. The ground floor is a wide open-plan space that accommodates the kitchen, dining, and living areas. The streamlined layout provides a separate pantry to the kitchen to make organization and storage even easier. The sliding glass doors open onto the ground floor veranda, providing a convenient outdoor space at every level. The veranda connects directly to the pool and garden area below. Three large bedrooms are provided at first floor level. Each is provided with its own en-suite for optimal privacy. The master bedroom benefits from the additional storage space of a walk-in wardrobe, and ample activity space. However, the inner life of each home is by far the outdoor spaces and how they are framed, and connected to, each home on multiple levels. Car entrances from the road to the east lead to double covered parking spaces. Covered verandas protect the interior from overheating. Additional louvered screens further protect the interior, and can be moved along to where they are needed or out of the way when you want to enjoy the view. Each infinity pool is surrounded by natural deck. The materials selected relate to the natural environment to provide a feeling of familiarity and comfort. The gardens are landscaped with local species of trees and plants to provide natural soft landscaping and shade. Each home embraces a modern design philosophy where form follows function, and the central function here is the connection to the east Mediterranean Sea. The orientation, layout, and façade design for each home aspires to encourage the owners to enjoy the coast and the sea. The materials selection focuses on the same objective.

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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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 Paphos elsewhere on our website.

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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.

      • 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.

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