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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Brand New Unique Bungalow located on the outskirts of the town of Xylofagou in an open area, on a massive piece of land of 5143 sq meters. The specific bungalow has been constructed by its private owners with the highest specifications. It is a High Energy Efficiency house. All walls and roof of the property include polystyrene within them. Inside villa consists of two separated living areas, a dining area and a separated brand luxurious fittings kitchen directly connected via a sliding door to a double covered garage. Main home has four large bedrooms with the master bedroom enjoying an en suit bathroom and walk in closet. A really luxurious large main Bathroom and quest's WC complete the main part of the bungalow. One of the bedrooms is used as an office by present owners. The plot is massive and can construct a private swimming pool with barbecue and lots of gardening. The land for sale extends out of the fenced villa. The fenced part of the villa is just only one fourth of the whole land of the property for sale.
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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