+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Ayia Napa, Ammochostos, Cyprus No. 25702

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

Parameters

Property Description

Project is located on the beach of Ayia Thekla just few hundred meters away from the Marina Ayia Napa. It will host a luxurious five-star hotel with more than 200 rooms and 44 unique residential units all of which will enjoy unobstructed sea-views. The project is also expected to play an important role in the development of the Famagusta region as it will shape a new form of luxury in the hospitality industry. The residences at Project will be sublime. They will establish a new level of quality for hotels and residential living. In addition to providing exquisite living spaces, every residence will also enjoy all of the hotel amenities, from the spa and fitness center to 24-hour room service, water activities and fine dining.All the apartments will benefit from all the hotel services and amenities.In addition to standard guest rooms, complex offers 44 one bedroom self-contained apartments, each with a kitchenette for those long-stay guests who may, on occasion, want to self-cater. Sun city apartments are finished to the same high standards as the hotel rooms and can benefit from full room service and all the services and amenities offered in the hotel.

Features

Veranda

Veranda

2 bedrooms Apartment in Ayia Napa, Ammochostos, Cyprus No. 25702

2 bedrooms Apartment in Ayia Napa, Ammochostos, Cyprus No. 25702

Features

Indoor facilities

Veranda

Veranda

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