€ 6 300 000

€ 13 347 / 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%

4 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 54330

Bedrooms

Bathrooms

472 sq.m.

Square

IV quarter, 2019

Completion date

Parameters

Property Description

Situated in one of Cyprus’s fastest growing cities, Ayia Napa Marina is proud to offer its residents and guests the ultimate dining, nightlife, recreational and shopping experiences. For people who appreciate a truly classy lifestyle, a variety of elegant retail boutiques, waterfront fine dining options and exciting leisure activities can be enjoyed to the fullest. Its one of a kind commercial village, its luxurious private beach club, and its access to Ayia Napa’s most beautiful beach, makes this project a one of a kind investment opportunity. The villas’ architecture is a combination of contemporary and traditional expression; it combines locally quarried stone around the base with sleek plaster volumes cantilevered above. Large expanses of glass are optimally placed to promote the breath-taking views around the villas. All villas are designed with a modern, open-plan concept, with primary spaces oriented towards the sea, they are fully detached and are comprised of four levels – lower level, ground level, first floor, roof garden. Oversized 2.8-meter-tall glass doors slide away into the walls, extending the ground level main living spaces out onto the veranda and pool deck. Each plot includes a private plunge pool with infinity edge. This is an undoubtedly an excellent property choice for those who are seeking a valuable investment, a quality vacation lifestyle, and even a holiday rental asset.