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 two storey detached house is located in a quiet area of Pyla, ideal for a family and only 3km from the beach. It has a covered area of about 280m2 and rests on a 750m2 plot. It consists of spacious reception/living area with fireplace, open plan kitchen, 4 bedrooms (master with ensuite), main bathroom and guest wc. Externally there is a large garden with grass and mature fruit trees, gazebo and 5mx10m private swimming pool, verandas and balconies. There is covered parking for 3 cars. There is air conditioning and gas central heating. Additional solar panels and 8kw generator is included. Property comes with title deeds.
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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