€ 735 000

€ 4 153 / 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%

5 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 50088

Bedrooms

177 sq.m.

Square

Parameters

Property Description

This landmark project introduces a collection of 14 luxury four- and five-bedroom villas with contemporary architecture.

Each villa offers:

• Private swimming pool
• Expansive roof garden
• Landscaped private garden
• Generous open-plan interiors with seamless indoor–outdoor flow.

Ideally positioned within 900m to the sea, minutes from the vibrant centre of Ayia Napa and just five minutes from Ayia Napa Marina, the development offers both privacy and prime accessibility in one of the island’s most sought-after coastal locations.

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