€ 523 000

€ 3 962 / 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. 44016

Bedrooms

132 sq.m.

Square

Parameters

Property Description

The development is located in Kapparis, one of the most secluded areas of Protaras. It is conveniently located just a short distance from the centre and the tourist resort whilst offers direct access to Blue-Flag-Awarded beaches.

Consisting of 11 three bedroom beautiful villas with a minimalistic design offering a private swimming pool, parking space and a spacious roof garden overlooking the Mediterranean sea.

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