Villa Superior

Villa Superior is an independent 6-bedroom mega villa by Aristo Developers in Peyia – Paphos, with a covered area of 1,372 m² on a private plot. Price €4,830,000 (plus VAT) – Aristo's top ultra-luxury single villa segment.

This is the most premium detached villa product in Aristo's current portfolio batch, designed for clients seeking a spacious, private resort-like villa with full in-house amenities.

Villa Superior Features

The villa is designed with two floors plus a basement on a private plot. It features 6 bedrooms with 5 en-suite bathrooms, an open-plan living room and kitchen spanning two floors, a basement entertainment room with a cinema, a 200-bottle wine cellar, and a private gym.

On-site amenities: 25m × 5m sea-facing infinity pool, rooftop jacuzzi, 800 m² landscaped garden with mature trees, thatched BBQ area, 3-car underground parking garage. Includes a separate 80 m² guest house (2 bedrooms) for guests or staff.

Premium Peyia Location

Peyia is a hilltop resort village west of Paphos, famous for its panoramic sea views towards Coral Bay and the Akamas Peninsula (an EU Natura 2000 nature reserve). The area is favoured by many European retirees for long-term residency.

Villa Superior is situated on an elevated hill featuring 270-degree sea views. Distances: Coral Bay Beach (5 minutes), Paphos International Airport PFO (30 minutes), Sea Caves Restaurant area (10 minutes), Iasis Paphos Hospital (18 minutes).

Aristo Developers – the developer

Aristo Developers is one of the oldest property developers in Cyprus, operating since 1980 with a portfolio of over 50 projects across the island. Headquartered in Paphos, the company specialises in developing holiday villas, apartments and golf resorts, notably the 1,000-hectare flagship Venus Rock Golf Resort.

Aristo has handed over thousands of properties to clients from the UK, Russia, China, Israel and the Middle East over four decades. The company is one of the few Cyprus developers with its own golf course and a full property management system.

Cyprus Permanent Residency Programme

Properties in this subdivision (prices from €300,000+VAT) are eligible for the Cyprus permanent residency by investment programme under Regulation 6(2) – also known as Category 6.2. This is one of the fastest permanent residency programmes in the EU, with a fast-track processing time of 2-6 months.

Key requirements: (1) minimum investment of €300,000 excluding VAT in NEW residential property purchased directly from the developer; (2) minimum overseas income of €50,000 per year (plus €15,000 for spouse and €10,000 per child); (3) clean criminal record; (4) suitable health insurance.

Benefits: permanent residency for the whole family (spouse, children under 18, financially dependent children aged 18-25), no continuous residency requirement, only one entry every two years is needed to maintain status.

Tax Advantages and Yield

A preferential VAT rate of 5% applies to the first 130 m² of a primary residence, provided the total transaction value is under €475,000 and the total built area is under 190 m². Above these thresholds, 19% VAT applies to the entire transaction. Investment properties for rent are subject to the standard 19% VAT.

Cyprus has double taxation treaties with over 65 countries. Capital Gains Tax is 20%, applied to gains exceeding inflation adjustments and a personal exemption of €17,086. The average market rental yield in Paphos is 3-5% per year (gross) for holiday properties, according to the Cyprus Real Estate Market Report 2025.