€ 527 000

€ 3 992 / 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 Paralimni, Ammochostos, Cyprus No. 35728

Bedrooms

Bathrooms

132 sq.m.

Square

Parameters

Property Description

This new development of villas is located in the coastal resort of Kapparis, one of the most secluded areas of the greater Protaras area. It is conveniently located just a short distance from the centre and the tourist resort. In this secluded yet panoramic location, the development offers direct access to Blue Flag beaches. It is also just a few minutes away from the centre of Paralimni, where the shopping centre and all the public facilities of the Famagusta district are located.

Each residence, designed to offer privacy, has a private swimming pool, garden, parking space and a roof terrace overlooking the magical sunsets of Protaras. The residences are designed so that the interior spaces are seamlessly connected to the exterior, creating an integrated whole so that residents can enjoy all the spaces at any time of the year. The interior of each residence is designed with great attention to detail

Villas include a private pool and a roof garden.

Completion date: December 2026