€ 460 000

€ 3 833 / 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 Protaras, Ammochostos, Cyprus No. 25816

Bedrooms

Bathrooms

120 sq.m.

Square

Parameters

ID

25816
City

Cyprus
Type

Villa
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Bathrooms

3
Square

120 sq.m.
Land area

238 sq.m.
Veranda area

32 sq.m.
To sea

400 m
Completed

No

Property Description

This unique complex offers a special combination of action and calm by being moments from the heart of Protaras without undergoing the commotion of living there. 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... This new complex 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.

Features

Veranda