+ 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. 47565

4

Bedrooms

273 sq.m.

Square

Parameters

Property Description

This exclusive residential complex features six unique villas located in a prime area of Kapparis, just a minute’s walk from the nearest sandy beach. Each villa has been carefully designed to offer an exceptional lifestyle, combining elegant architecture with premium specifications. The homes include private swimming pools with jacuzzi elements, spacious roof terraces with sea views, and modern amenities such as lifts, underfloor heating, and smart home systems. Additional features such as sauna and steam bath rooms, game and gym spaces, and laundry areas ensure ultimate comfort and convenience. Restaurants, supermarkets, and other amenities are within 300 meters, while the popular resorts of Protaras and Ayia Napa are only a short drive away.

The main features of the project and the units:
•6 unique villas
•Private pools with jacuzzi elements
•Roof terraces with sea views
•Underfloor heating system
•Smart home automation and security system
•Lift in each villa
•Sauna and steam bath rooms
•Game room, gym, and laundry room in the basement
•LED lighting throughout
•Fire alarm system
•Remote access with touchscreen control
•Quiet area near amenities
•1-minute walk to the beach
•Close to Protaras, Ayia Napa, and Paralimni

The project has an EPC certificate with “A” energy efficiency rating.

Features

Private pool

Private pool

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