€ 440 000

€ 3 099 / sqm

+ 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%

3 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 25789

Bedrooms

Bathrooms

142 sq.m.

Square

Parameters

Property Description

The Residences will be an exclusive gated community of seven boutique villas located within walking distance of the picturesque Potamos, Ayia Thekla Beach and the Marina. With large plots of up to 473 m2 each property affords a feeling of privacy and space. The contemporary design with clean architectural lines explores the dynamics of space to produce a seamless blend of indoor and outdoor living. The open-plan layout of the ground floor, with plenty of glass which allows an abundance of natural light to enter, creates a light and bright feel. On the first floor there is an en-suite master bedroom, two spacious guest bedrooms, the main bathroom and a balcony. This new addition uses only the highest quality materials and offers a wide selection of alternative finishes to deliver outstanding properties for the discerning, international market.