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 luxury property is strategically positioned on an elevated position benefitting from its orientation as well as offering panoramic views of the surrounding area of Larnaca, the sea and the mountain Stavrovouni. It was constructed using quality architectural design and materials throughout the house. It is part of a small complex located 5-10 minutes from Larnaca town centre and the sea, as well as having easy access to the highway linking all major towns in Cyprus. External features include natural stone decoration on outer walls, terraces covered with unpolished granite.Landscaped garden around the house with fully secured system of irrigation. All the interior space of the house is equipped with electrical underfloor heating system and is fully air conditioned. The first level of the house includes double height lounge with two seating areas (one with double opening fireplace), kitchen with dining area, office (can be used also as an additional guest room). On the second level is a guest wc with a closed space for a washing machine and dryer. The main part of the second level hosts the master bedroom with laundry room, dressing room and bathroom. The third level includes three bedrooms with individual toilet rooms, outdoor terrace overlooking the garden and swimming pool. Other features include two satellite dishes, security system that includes external/internal surveillance cameras (one night vision) and alarm security system, fire alarm system, custom made door locks and more.
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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