+ 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 Paralimni, Ammochostos, Cyprus No. 40489

4

Bedrooms

5

Bathrooms

180 sq.m.

Square

Parameters

Property Description

Discover a truly exceptional villa located in one of the most sought-after areas of Protaras. Designed with modern elegance, this residence is sure to impress even the most discerning buyer.

Flooded with natural light, the villa sits on an expansive plot perfect for hosting unforgettable BBQ parties by the private swimming pool. Embrace the Mediterranean lifestyle at its finest.

This fully furnished home features high-end designer furniture, a state-of-the-art kitchen, and generously sized bedrooms, each with its own en suite bathroom. The spacious living room provides the perfect setting for relaxing or entertaining, while a private basketball court adds a unique recreational touch.

An extraordinary opportunity to own a luxury villa on an extra-large plot in a prime coastal location. Don’t miss it.

Protaras – The Jewel of Eastern Cyprus

Nestled on the southeastern coast of Cyprus, Protaras is a vibrant seaside resort known for its crystal-clear waters, golden sandy beaches, and laid-back Mediterranean charm. Home to the world-renowned Fig Tree Bay, Protaras offers an idyllic setting for relaxation, adventure, and luxury living.

Combining natural beauty with modern infrastructure, Protaras boasts a wide variety of restaurants, beach bars, and boutique shops, making it a favourite destination for both locals and international visitors. The area is also renowned for its family-friendly atmosphere, scenic coastal pathways, and a range of outdoor activities—from water sports and diving to hiking and cycling.

Despite its popularity, Protaras retains a sense of exclusivity and tranquility, making it an ideal location for holiday homes, permanent residences, and smart real estate investments. With year-round sunshine and easy access to the amenities of nearby Paralimni and Ayia Napa, Protaras is truly the place where island lifestyle meets sophistication.
Floor: Ground Floor, 1st

Features

Sea nearby

Sea nearby

Sea view

Sea view

Panoramic view

Panoramic view

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Statistics

€ 2 750

Price per sq.m.

-

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paralimni

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 567

Apartment (3 bedrooms) in City Centre

€ 1 167

Apartment (3 bedrooms) Outside of Centre

€ 1 300

Buy Apartment Price

Price per square metre in the city centre

€ 2 750

Price per square metre outside the city centre

€ 3 250

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4 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 40489

4 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 40489

Features

Location

Sea nearby

Sea nearby

Sea view

Sea view

Panoramic view

Panoramic view

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Tile flooring

Tile flooring

Floor heating in all rooms

Floor heating in all rooms

Good quality

Good quality

Indoor facilities

Children's playroom

Children's playroom

Individual boiler room

Individual boiler room

Outdoor features

Barbecue area

Barbecue area

Garden

Garden

Swimming pool

Swimming pool

Supermarket

Supermarket

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