€ 650 000

€ 4 012 / 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 Paralimni, Ammochostos, Cyprus No. 8044

Bedrooms

Bathrooms

162 sq.m.

Square

Parameters

Property Description

A new development of just two luxurious four bedroom detached villas located in Ayia Triada.

Ultra modern design with a Mediterranean landscaping environment, each villa has a spacious plot with ample garden area and private swimming pool. Designed with luxury and comfort in mind, down to the high quality finishes, contemporary interiors and decorative wood and stone facades on the exterior.

This style of villa consists of open plan kitchen, dining/living area, a ground floor bedroom and a separate guest bathroom. Leading up to the 1st floor are three bedrooms, all with en-suite facilities. There is also a fantastic roof garden to enjoy the fabulous sea views.

The well chosen location of these exceptional villas is ideal for both holiday use and permanent residence. Shops, bars, supermarkets, restaurants and sandy beaches can be found just a few minutes' drive away. Close by is the peaceful harbour of Ayia Triada with its picturesque fishing boats and golden sands.

The bustling resorts of Kapparis, Protaras and Ayia Napa and the traditional local town of Paralimni are only a short drive away.

Completion: 12 months