€ 542 000

€ 3 738 / 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. 42917

Bedrooms

145 sq.m.

Square

Parameters

Property Description

The complex of villas, which will also include a shop, is located in a beautiful Kapparis area, near Paralimni and Protaras. Kapparis is famous for its beautiful nature and beaches.

All villas will consist of 3 bedrooms (villa no.7 will have 4 bedrooms) with private swimming pools. Each villa will have covered verandas and roof gardens.

The location is ideal as the complex is just 400 meters from the beach and just a few steps from all the necessary amenities.

The Project has EPC certificate with "B" Energy Efficiency Rating.