€ 950 000

€ 7 917 / 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%

4 bedrooms Villa in Protaras, Ammochostos, Cyprus No. 45735

Bedrooms

120 sq.m.

Square

Parameters

Property Description

These modern style villas are located in 400 meters from the beach, with the proximity to the heart of Protaras with all the amenities nearby, including fine dining, bars and bistros, entertainment and shopping. The project features 3, 4 and 5 bedrooms with en-suite facilities, designer kitchens, tiled private swimming pools and sun decks on the roof with sea views. The villas are entirely constructed by fair faced concrete and thermo insulated glass, spaces indoors and outdoors, finished with quality materials.

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