Based on the Cyprus law, any residential property for a minimum worth of €500,000 will grant you the right to participate in the scheme for naturalization of non-Cypriot investors. This property is eligible to be included for your Cyprus citizenship (European Passport) application.
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A beautiful five/six bedroom family home situated in a prestigious area on top of Agia Napa and just a five minute drive to the tourist resort of Ayia Napa. As you pull up outside this amazing home you are met with a grand entrance to a fabulous property. Accessing double doors you are welcomed by a spacious lounge area which then continues through to a separate fully fitted kitchen and family dining area. There is a real feel of warmth and coziness about this house, each and every area is very family orientated. Leading off from the kitchen is a study which can also be turned into a 6th bedroom. This room leads out into a huge wooden gazebo, a great place for entertaining in the winter months or during the summer to escape the warmer climate. The front and rear garden boasts beautiful lush green landscaped gardens. The back garden has a barbecue area with ample space for a private swimming pool if desired. There is a further 500 sqm worth of government land which is being used as a children’s play area with a vast amount of fruit trees already planted. Upstairs are five bedrooms. The master bedroom with en-suite Jacuzzi shower and walk in wardrobes. The other bedrooms are all of double size, one of which is currently being used as a playroom. The family bathroom with corner Jacuzzi bath and vanity units has been fitted with high quality fixtures and fittings. Furthermore there is an attic with pull down stair access. This splendid family home must be seen to be appreciated offering privacy and seclusion set in a quiet residential area but only a five minute drive to all local amenities.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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