€ 470 000

€ 2 919 / 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. 44971

Bedrooms

161 sq.m.

Square

Parameters

Property Description

This project is located in the quiet area of Agia Triada in Protaras.

The development comprises of eleven three bedroom villas, of which ten are semi-detached and one is detached. Each residence has its own private swimming pool and garden, which ensures the privacy.

Taking into account the surrounding area, the exterior design of the residences was done in a way that highlights the natural environment, with wood, metal and stone dominating, creating a modern yet timeless design. The same aesthetic is adopted in the exterior of the pool area where wood blends harmoniously with stone, creating a setting of relaxation and tranquility. In the interiors of the villas, natural shades prevail. The complex has a direct access to a wide range of services. Dozens of restaurants, bars, shops and services operate within 300 metres of the project which allows residents to move around on foot making their daily life even easier.

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