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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This magnificent sea front property is located in the heart of Proataras area. The villa enjoys breathtaking views of the sea with one of the best beaches on the island (Fig tree bay) literally on your doorstep. All amenities restaurants,bars,shops are with walking distance but at the same time the property provides the necessary privacy people should expect when owning a beachfront property of this kind. With fabulous open plan living spaces, tasteful decoration,clean lines and bright and sunny rooms this property ticks all the right boxes. Due to its fantastic location this property would make a great investment opportunity for someone looking to buy their dream home in the sun,with high rental potential. A magnificent five bedroom beach front villa along the coastline of Protaras offering breathtaking sea views and relaxation. The famous resort of Fig Tree Bay is few hundred meters away. Ground floor: Living/dining, open plan kitchen, storage area, one bedroom with en suite shower, and a guest wc. First floor: Four bedrooms all with en suite, and the two with sea views.
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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