4 bedrooms Villa in Protaras, Ammochostos, Cyprus No. 58806

Bedrooms

Bathrooms

288 sq.m.

Square

€ 4 200 000

€ 14 583 / 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%

Parameters

Property Description

A contemporary luxury villa on a private plot of 2,536 m² in Grecian Park, a short walk from the sea. The residence offers over 525 m² of covered living space across three and a half levels plus 130 m² of covered verandas, four bedrooms, five bathrooms and two guest WCs, and is built around the idea of inside-out living: floor-to-ceiling sliding glass walls open the interiors onto the pool terrace and the landscaped gardens.

The basement works as a self-contained wellness and entertainment level — a private cinema, a gym, a glass-fronted sauna, a steam room and a rainfall shower overlooking a sunken garden, a guest suite with an en-suite bathroom, a staff room, a laundry and direct access to the covered parking. The main living level holds the open-plan living, dining and kitchen areas with a bespoke three-metre island and a double-sided fireplace; the upper level is given over to two junior suites and a master suite with a cantilevered wrap-around terrace, linked by a floating staircase with structural glass balustrades. The roof garden serves as a sky lounge with a jacuzzi, an outdoor BBQ and a dining area.

Konnos Beach is within easy reach, shops and restaurants are close by, and the centres of Ayia Napa and Protaras, as well as a medical centre, are a short drive away.

The main features of the project and the units:

• Sea views
• Fully automated KNX smart home system
• Private elevator serving all levels
• Infinity pool 20 x 5 m
• Private cinema, gym, sauna and steam room
• Roof garden with jacuzzi, BBQ and dining area
• Double-sided fireplace between the living and dining areas
• Equipped outdoor kitchen and two BBQ areas
• Guest suite with en-suite bathroom and a staff room
• 8 kW photovoltaic system and automated entrance gates
• Three covered parking spaces
• Plot of 2,536 m², over 525 m² of covered living space
• Covered verandas 130 m², uncovered verandas 100 m², roof garden 55 m²

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