€ 625 000

€ 3 906 / 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 Villa in Protaras, Ammochostos, Cyprus No. 54476

Bedrooms

Bathrooms

160 sq.m.

Square

Parameters

Property Description

This Amazing Villa is located in the Pernera – Protaras area, just 5 minutes away from the shimmering beachfront, the forthcoming Protaras Marina, and all amenities. The property includes private swimming pools and a roof garden whereby residents can enjoy spacious interiors with uninterrupted sea view. This residence is ideal for either a holiday home or permanent residence while boasting generous living areas and views of the seaside below.