€ 288 000

€ 2 595 / 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 Bungalow in Sotira, Ammochostos, Cyprus No. 51979

Bedrooms

Bathrooms

111 sq.m.

Square

Parameters

Property Description

A serene residential development set on the hillside of Sotira, offering a perfect blend of comfort, space, and tranquility. The project consists of 4 modern villas and 8 stylish bungalows, thoughtfully designed to suit a variety of lifestyles.

The villas feature 4 bedrooms with an internal area of 145m², set on generous plots ranging from 220m² to 300m², providing ample outdoor space for private living. The bungalows offer 2 or 3 bedroom options with 104m² internal areas, ideal for those seeking single-level convenience and comfort.

Located in a quiet yet well-connected area, this project enjoys easy access to Paralimni and Ayia Napa, making it an excellent choice for permanent residence, holiday homes, or investment.