+ 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 Townhouse in Ayia Napa, Ammochostos, Cyprus No. 28583

4

Bedrooms

4

Bathrooms

230 sq.m.

Square

Parameters

Property Description

The villa is a part of a project consists of 3 houses. The luxury and modern villa is situated in the hills of Ayia Napa called ‘Kokkines’. The area is just 3 minutes away from the centre of the city. Kokkines is a very good area to live because it is very quiet, safe with a lot of privacy. Moreover, most of the local citizen that live in Ayia Napa chose to live in Kokkines rather any other area in the town. Furthermore, due to the fact kokkines is a hill, it allows most of the houses there to have visual access to the sea. The villas consist to have panoramic views to the sea and to the city.The property has 188 sqm covered living space, a 16.17 Sqm covered parking, a 26 sqm covered veranda and a roof garden of 45 sqm.The features of the villa:Newly BuildBasement (optional)Jacuzzi (optional)Roof gardenGranite Kitchen worktopsMarble staircaseEn-suite facilitiesFitted wardrobesFitted kitchenDouble glazedPressurized water systemPool showerBarbeque areaProvision for Central heatingPrivate Swimming Pool 5m x 10m (optional)Provision for air-conditioningFireplace (optional)Close to amenitiesQuiet LocationEnergy Efficiency ACompletion Year:2022 

Features

Car park

Car park

4 bedrooms Townhouse in Ayia Napa, Ammochostos, Cyprus No. 28583

4 bedrooms Townhouse in Ayia Napa, Ammochostos, Cyprus No. 28583

Features

Outdoor features

Car park

Car park

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