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The apartments are ideal for young couples that wish to buy their first home. Because of the following:
Very good prices
Best Quality on the finishes materials
Quiet Area
First time buyers who purchase a property for permanent residence or as a holiday home for their own use are entitled to a lower VAT Rate of 5% subject to the approval of the Cyprus VAT office.
Moreover due to the fact that the Project will be built in Deryneia, all potential clients will be able to claim the new subsidy that was given by the government (for the years 2021-2022) for villages that are situated next to the borders, green line.( clients should though meet all the requirements to be able get the fund)
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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