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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Four bedroom, four bathroom mansion under construction at the moment, located on the outskirts of the town of Paralimni, on the hills overlooking Pernera coast with its own private over float pool. The house is a unique modern design villa, on a superb high hill location overlooking the sea. It is only five minutes away from the sea. The villa has a separate one owner title deed with 800 m2 plot. The villa is with 4 bedrooms, three bedrooms located on the first floor and a bedroom located on the ground level. Has one main bathroom, 2 en suits, a guest WC and a walking closet. On the ground floor there is also a double garage, kitchen area, sitting area, dining area. Outside there is 5x10m swimming pool and a barbecue area. Property under construction at the moment and delivery in six months from signing sales agreement. Stage payment process. Definitely an amazing property!!!
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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