€ 475 000

€ 2 778 / 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%

4 bedrooms Villa in Protaras, Ammochostos, Cyprus No. 28468

Bedrooms

Bathrooms

171 sq.m.

Square

Parameters

Property Description

Amazing newly development of a 4-bedroom villa in Kapparis area. Tittle deed is in process. The villa was constructed with high standards and modern design. The location of the villa is prime while is walking distance to the amenities of the area such as bakeries, restaurants, café and it is walking distance to the nearest beach which is malama. The plot of the villa is 280sq.m and it includes a small garden place, a barbecue area, a covered parking and a big overflow-mosaic swimming pool. On the first floor of the house you can find the open plan living area with its modern kitchen. There is an En suite bedroom on the first floor too. On the second floor you will find 3 bedrooms, which one of them is an En-suite and a communal family bathroom. Furthermore, there is a communal big covered veranda connecting the two bedrooms and overlooking the swimming pool. Paralimni is the largest municipality of Ammochostos which is the centre of its social, cultural and economic life. It became municipality in 1986. It is situated in the southern part of Cyprus and received its name from the seasonal lake which borders to its west. This area forms a natural cavity where rain water is collected in all the locations in Paralimni and the surroundings hills. It has a rich cultural tradition and combines the advantages of traditional villages with the amenities of a modern town. A modern transportation network links Paralimni with the areas in Cyprus, and visitors have the opportunity to easily travel to any other location on the island. Paralimni has more than 15 churches ad chapels which decorates every corner of the town. Protaras, the tourist area of Paralimni and is a very popular tourist resort for local arid foreign tourists. It is an ideal location for holidays and to live a peaceful life. It is a real paradise that is full of life, with golden beaches and crystal clear waters. It combines a pleasant atmosphere and an intense night life. The impressive natural beauty of Protaras with its sheltered blue bays, it’s clear and rich sea and the well-known sandy beaches on the island make it the ideal choice for unforgettable memories. The area of Protaras has a panoramic view towards the sea. Location: Amenities: 200m Sea: 500m Public transport: 200m Protaras Marine: 3.0km Airport: 60kmCompletion Year:2020

Features

Barbecue area

Car park

Swimming pool