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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Using high quality materials and methods, this is a very good construction built by owner. Located in Agios Tychonas, only a short distance from the sea, partial sea view offered. This house has a covered area of 303m2 consisting of 4 large bedrooms, master with ensuite, separate kitchen, large living/reception area, guest wc, main bathroom. Features include inlays and ceiling light features, marble flooring, barbeque and more. Externally there are verandas, balconies, private swimming pool and 45m2 garage. New town planning regulations allow the construction of another apartment on top.
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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