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3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m²

3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m² - photo 1
3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m² - photo 2
3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m² - photo 3
3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m² - photo 4
3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m² - photo 5
3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m² - photo 6
3 bed villa for sale in Protaras center, Protaras, Cyprus, 134 m² - photo 7
Price€500,000
TypeVilla
Covered area134 m²
Land area284 m²
Beds3
Bath3
Rooms4
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Villa in Protaras

This new project offers a special combination of action and calm by being moments from the heart of Protaras without undergoing the commotion of living there. Needless to say the Protaras tourist resort has become one of the most popular destinations in Cyprus in recent years, offering a variety of entertainment to visitors of all ages, mainly geared around families seeking a sun-filled beach holiday. Besides quality hotels, the resort boasts numerous luxury rental villas and apartments, located throughout, in proximity to the restaurants, charming local taverns, bars, cafes, amusement arcades, playgrounds, event hosting facilities, etc...The project is also practically skirts the newly built seafront promenade which connects Protaras to neighboring Pernera and provides a unique view of the rugged coastline, besides easy access to the numerous sandy beaches which both resorts offer.

Extra Сosts when Buying Property

TRANSFER TAX*
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
*If VAT has been paid no transfer tax
*If no VAT has been paid 50% of the transfer tax rate
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

Property Price
Rental Cost
0%
Company Representatives
in Cyprus
Limassol, Paphos, Larnaka
+3572-503-00-31
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