€ 950 000

€ 7 917 / 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 Protaras, Ammochostos, Cyprus No. 7596

Bedrooms

Bathrooms

120 sq.m.

Square

Parameters

Property Description

A stunning new development of detached villas situated in a prime location, just a short stroll from the centre of Protaras and the picturesque seafront promenade. Boasting easy access to the sandy beaches and a range of local amenities, these residences provide the perfect blend of comfort and convenience.

With 4 bedrooms, en-suite facilities, upgraded materials and luxurious finishes throughout. The contemporary design creates a striking first impression, while the private roof garden with panoramic sea views provides the ultimate space for relaxation and entertaining. The private overflow swimming pool is tiled and perfect for enjoying the warm Mediterranean weather.

The properties also feature a range of high-quality fixtures and fittings, including granite kitchen worktops and staircase, three-phase electricity, solar water heater, water pressure system, hot water recycling pump, air conditioning in the bedrooms (split-units), and ducted air conditioning in the living room. Underfloor central heating with provision for heat pump and provision for photovoltaic panels are also included.

The central electrical gate to the complex provides added security and privacy, while the landscaped gardens and large verandas create a tranquil oasis within this bustling resort.

Protaras can be proudly referred to as the most prominent tourist resort of Cyprus with the renowned Blue Flag beach of Fig Tree Bay. Along with the impressive views of Protaras, the awarded beaches and array of facilities this is an excellent choice for permanent or holiday residence or investment since there is high rental potential for this prime spot.

Photos displayed are of various properties, and each property comes with a Certificate of Final Approval. Don't miss out on this chance to own a luxurious villa in this prime location.