€ 260 000

€ 2 500 / 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 Frenaros, Ammochostos, Cyprus No. 51152

Bedrooms

Bathrooms

104 sq.m.

Square

Parameters

Property Description

3 Bedroom Detached Bungalow in Frenaros Village.

The project will consist of Nine 3 Bedroom Villas, Four 3 Bedroom Bungalows and Two 2 bedroom Bungalows.

Each Villa will include 2 bathrooms (1 En-suite), covered verandas and covered parking. Each Bungalow will have 1 bathroom with the option of an En-suite.

The local village amenities are just a short walk away, including supermarkets, restaurants, banks and schools. Also very popular for its incredible taverns, where you can enjoy all types of cuisine in a very relaxed environment.

Just a 10 minute drive will take you to the golden sandy beaches and the new Marina located in the Ayia Thekla area, and the famous resort of Ayia Napa.

Ideal for those who are looking to live the Countryside lifestyle in the Sun!