3 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 58795

3

Bedrooms

3

Bathrooms

156 sq.m.

Square

+ 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%

Parameters

Property Description

Seven modern villas in the rural surroundings of Frenaros, close to the village amenities and a short drive from the sea. Each villa has three bedrooms, two bathrooms and a guest WC, spacious layouts, an uncovered veranda, a parking space and a private plot. Suitable for permanent residence, holiday use or investment.

The main features of the project and the units:

• Three bedrooms, two bathrooms and a guest WC
• Internal area 142–156 m²
• Uncovered veranda 20 m²
• Private plots of 220–257 m²
• Two-storey layout
• Optional private swimming pool and roof garden
• Parking space for every villa

The project has an EPC certificate with "A" energy efficiency rating.

Features

Car park

Car park

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Features

Outdoor features

Car park

Car park

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