3 bedrooms Villa in Protaras, Ammochostos, Cyprus No. 51339

Bedrooms

132 sq.m.

Square

€ 656 250

€ 4 972 / 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%

Parameters

Property Description

In the heart of Ayia Triada, just 700 meters from the new Paralimni Marina and 500 meters from Cyprus’ first plastic-free beach, these villas redefine modern Mediterranean living.

This development features 31 three bedroom villas, each with a private pool and rooftop garden.

Natural materials (wood, stone, metal) and clean, minimalist lines create a serene, sophisticated environment. Spacious terraces, abundant natural light and advanced smart-home features elevate daily living to a new level. Its prime location offers easy access to Blue Flag beaches, the highway and Larnaca International Airport.

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