3 bedrooms Villa in Protaras, Ammochostos, Cyprus No. 51610

3

Bedrooms

139 sq.m.

Square

+ 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

A boutique collection of 18 three bedroom villas located in Protaras.

Set in the vibrant yet serene neighborhood of Pernera, the project benefits from close proximity to renowned Blue Flag beaches, everyday amenities and key infrastructure, making it highly attractive for both end-users and investors.

The highlight of the project is its strategic location near the new Paralimni Marina. This landmark development is set to significantly upgrade the area, enhancing both capital appreciation and rental yields.

Each villa features:

• Private swimming pool
• Landscaped garden
• Roof terrace
• Contemporary design with high specifications.

With limited supply, strong investment fundamentals, and a prime coastal setting, villas present an excellent opportunity to create momentum in the market.

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

Features

Private pool

Private pool

Similar Property

649 000

3 Bedrooms

139 sq.m.

+ VAT

655 000

3 Bedrooms

139 sq.m.

+ VAT

647 000

3 Bedrooms

139 sq.m.

+ VAT

647 000

3 Bedrooms

139 sq.m.

+ VAT

Features

Features

Private pool

Private pool

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more