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 large detached house has a covered area of 495m2 and rests on a plot of 585m2 that is located in Alethrico and is offered fully furnished. On the ground floor there is a separate kitchen with classic design wooden cupboards, a large living area with formal dining area and guest toilet. There are four bedrooms, master with ensuite, main bathroom on the first floor. The attic hosts the fifth bedroom with bathroom and additional separate living/storage space that makes it separate living quarters. There is airconditioning and central heating throughout. A lovely private swimming pool is positioned at the back of the house, a garden, covered and uncovered parking and verandas. There are also two plots available for sale at the back of the house by same owner.
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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