+ 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%

5 bedrooms Villa in Frenaros, Ammochostos, Cyprus No. 28241

5

Bedrooms

6

Bathrooms

400.4 sq.m.

Square

Parameters

Property Description

Heading inland from Paralimni, past Dherynia you will find Frenaros. This pleasantsmall, inland village set among green fields and trees, offers the best in traditionalcountry living. The villa is approximately 5 kilometres from the town of Paralimni, and sandy beachesand tranquil turquoise seas of Ayia Thekla. The village boasts all of the amenities,including supermarkets, restaurants, and schools. It is also very popular for itsincredible taverns, where you can enjoy all types of cuisine in a very relaxedenvironment. Larnaca International airport is only a short 40 minute drive from theproject, the famous beach resorts of Ayia Napa & Protaras are only a short 7 minutedrive and has easy access to the highway network which connects to the City’s andResorts of Cyprus.Stunning features:This superb villa comprises of a large formal living room with open fireplace, a largeseparate kitchen/ diner, an office that could easily be turned into a 6th bedroom anda double the guest bathroom. The sweeping spiral staircase then leads you to thefirst floor where you will find the five double bedrooms all facilitate en-suitebathrooms and the master bedroom with has also a veryspacious dressing room. This property also has a double garage and a large overflowswimming pool surrounded by beautiful gardens.Property Type: Detached Villa,Bedrooms: 5 & Office Room on the ground floor,Bathrooms: 5 family bathrooms & guest toilet,Covered Area: 400.35 m2,Covered Verandas: 9 m2,Total Covered Areas:. 409.35 m2,Uncovered Verandas: 23.14m2,Plot Size: 2651 m2,Separate Covered Garage: 49m2 Ideal for:This is one villa for the more discerning client whois looking for a special property that is spacious andable to offer tranquility and privacy. The property issurrounded by lush green fields but still close the allthe amenities.Quiet and serene, it is a wonderful place forthose seeking a peaceful retirement setting orthose with young families who want asafe, healthy environment for their children.

Features

Veranda

Veranda

Car park

Car park

5 bedrooms Villa in Frenaros, Ammochostos, Cyprus No. 28241

5 bedrooms Villa in Frenaros, Ammochostos, Cyprus No. 28241

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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