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Villa – Peyia, Paphos, Cyprus

500,000 €
  • Total area
    204 m²
  • Land area
    700 m²
  • Bedrooms
    3
  • Bathrooms
    3
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Features
  • Balcony or terrace
  • Garden
  • Car parks

For Sale Last one Luxury Villa at Living in the countryside — SWIMMING POOL IS OPTIONAL EXTRA: EUR 25.000 + VAT for 4x8 m The project consists of 5 classically designed 3-bedroom, 3-bathroom villas (with one of the bedrooms on ground floor), generously proportioned light and airy rooms with luxurious finishes throughout. All properties have roof terraces from where you can enjoy amazing scenic and coastal views. Situated on very generous sized plots of well over 700 square meters. On the outskirts of Peyia village, the location of these properties is both peaceful and tranquil, yet you are just a few minutes drive from the heart of Peyia village itself and the blue flag beach of Coral Bay. The area boasts excellent local services and amenities, being one of the most sought-after locations in the Pafos region. With the new Pafos Marina due to commence construction next year you are assured high rental income and capital growth, making it the perfect permanent residence or holiday home.

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

      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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