€ 700 000

€ 5 512 / 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. 28405

Bedrooms

127 sq.m.

Square

Parameters

Property Description

Choosing a house's location, is just as important as its design, if not more. In deciding to proceed with THIS COMPLEX we chose a superb all-around location for an investor. Moreover we put the \"Elite\" touch in the design to make it on the one hand super comfortable for the long-term home user as well as extravagant for the holiday maker.The beauty of THIS COMPLEX location making it an excellent coastal investment is that it's 7 minutes by foot to Fig Tree Bay (ranked by Traveller's Choice in 2018 as 4th best beach in Europe and 13th in the world), while at the same time secluded from the noise and commotion of tourists as it is set at the foot of the Prophitis Elias hills; thus sufficiently elevated to see the sea on the one side and enjoy the green hills on the other.It is also important to note that the east coast's magnificent beaches, from Cape Greko to Protaras to Pernera to Kapparis, draw not only foreign tourists and investors but also Cypriot home buyers, and this is the greatest guarantee to foreign investors once they identify a signature project on the east coast such as THIS COMPLEXAircondition, ProvisionGated complexHeating, ProvisionLandscaped gardenOutdoor showerParking, CoveredSolar water heaterPool, PrivateBrightCombined kitchen and dining areaCountry viewCul de sacDouble glazingEasy access to highwayEasy access to main roadsEn suite ShowerFitted wardrobesGranite countertopsIrrigation systemModern designNear amenitiesNear bus routeNext to green areaPressurized water systemQuiet AreaRental PotentialRoof GardenSea view

Features

Car park