€ 1 620 000

€ 9 776 / 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. 53020

Bedrooms

Bathrooms

165.72 sq.m.

Square

Parameters

Property Description

A beautiful 5 bedroom key ready Seafront Villa located on a Prestigious Ocean Front Development, a fantastic position right on the seafront !!!

All villas on the development benefit from sea views which can be enjoyed internally from both ground and first floor levels and externally from the spacious verandas which allows residents to enjoy the panorama of the eastern Mediterranean stretching before them.

Just along from the project in the heart of Ayia Thekla, close to the famous white Church will be the luxurious new Marina, offering a wealth of world class resort facilities, a range of exceptional oceanfront restaurants and taverns offering the finest traditional and international cuisine, boardwalk cafés, bars and shops. The first class Marina will be the largest of its kind in the Famagusta district and will provide berths for in excess of 600 luxury Sailing Yachts and Motor Cruisers, attracting Yachtsmen and their crew from across the Mediterranean and Cyprus' other marinas.

The Properties offer modern comforts and the finest luxurious coastal living, in a superior location that is poised to attract significant investment growth as a result of the regions ongoing transformation. The introduction of the Marina will ensure exceptional value for money and will attract a new level of exclusivity, wealth and luxury to the region that will secure Ayia Thekla as Cyprus' most sought after and privileged maritime resort.

The photos are of various show houses.