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Limassol Detached house 5,500,000 €
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№ 2,434,930

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4-bedroom cottage 565 m² in Limassol

5,500,000 €

Total area
565 m²
Land area
1,525 m²
Bedrooms
4
Bathrooms
4

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Description

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Bedrooms: 4
Bathrooms: 4
Floors: 3
Built in: 1990
Location: Limassol

Detached house in Agios Nikolaos, Limassol. It is a 3-storey house iwth covered areas of 565 sq. m. Basement: 1 bedroom, office, living room, sauna and bathroom. Ground floor: big open plan two living rooms and two kitchens. First floor: 3 bedrooms one is en suite with walking closet.

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Is this property suitable for obtaining a permanent residence permit in Cyprus? How much should I budget for legal arrangements? Can I rent this property out?

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FAQs

How to make payments for property abroad?

Tranio has a transaction department that provides clients with safe and convenient payment solutions. We monitor changes in currency legislation, strengthen partnerships with banks in different countries, ensuring the legality of transfers and minimal commissions. You can pay in roubles for purchases in Tranio's own development projects abroad.
Is it possible to obtain a residence permit when buying property?

In some countries — yes. Such programmes for obtaining a residence permit in exchange for property investments are called Golden Visas. The most popular Golden Visas in Europe are offered by Greece and Cyprus. In the Persian Gulf, the UAE and Oman also offer residence permits for property owners.

However, if you need a residence permit to gain visa-free access to Schengen countries or to open an account in Europe, it's not absolutely necessary to buy property. Greece, Spain, Italy, Finland, France, and Portugal have accessible residence permit programmes.

The choice of programme depends on your goals. Explore all available programmes or contact Tranio's migration department for consultation.
How long does the property registration process take?

The registration period depends on legislation and established procedures in local property markets. Usually, the entire process from selecting a property to registering ownership takes at least a month. In our experience, the fastest transactions occur in the UAE — currently one of the most technologically advanced markets with land legislation specifically designed for foreigners. In Cyprus, registration will take 1–2 months, in Greece — from 3 months.

In some countries, such as Thailand, transaction registration at the land department occurs after the property is commissioned. Signing a purchase agreement with a developer in Thailand takes from two weeks to a month, while registration at the land department takes no more than a week.

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Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE

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