+ 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. 55878

5

Bedrooms

5

Bathrooms

345 sq.m.

Square

IV quarter, 2021

Completion date

Parameters

Property Description

This Villa is next to the new Ayia Napa Marina along one of the most beautiful stretches of coastline in Cyprus, surrounded by world-famous Blue Flag beaches and unspoiled natural beauty.Villa is fitted throughout with premium quality materials and finishes, uncompromising in both excellence and style, and promising residents a lifestyle of unparalleled world class elegance. Living spaces are designed with special attention and care to ensure maximum
space and comfort. Access to the Marina’s luxury waterfront dining, nightlife, and recreational and shopping experiences for the ultimate classy, Mediterranean lifestyle.

Features

First sea line

First sea line

Sea view

Sea view

Off-plan development

Off-plan development

Garden

Garden

Swimming pool

Swimming pool

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5 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 55878

5 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 55878

Features

Location

First sea line

First sea line

Sea view

Sea view

Features

Off-plan development

Off-plan development

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

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