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Frenaros Villa 225,000 €
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№ 2,029,808

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Brand new Villa in an exclusive complex in residential area Frenaros

225,000 €

Total area
90 m²
Bedrooms
3
Bathrooms
2

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Features

1-floor building
Balcony or terrace
Garden
Car parks
Lots of natural light
Quality sanitary ware

Villa with two bedrooms in the heart of Larnaca. Brand new villa with 3 bedrooms and 2 bathrooms, located in an exclusive complex in a residential area. This unfinished project is located in a quiet area of Frenaros, just a few minutes drive from the village center with taverns, bars and only 15 minutes drive from the nearest beaches.

The villa consists of a light and airy open plan kitchen and a living room with large windows. On the second floor there are 3 modern bedrooms, a stylish family bathroom and a bathroom in the main room. This property was realized with aesthetics and functionality in mind, and the highest specifications and fittings were seen throughout.

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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 Frenaros elsewhere on our website.

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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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