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 is part of a contemporary beachfront apartment complex located directly on the beach in the Germasoyia cosmopolitan area and at the same time a quiet location. The facilities offered by the complex include, 24 hour concierge and private parking within the project grounds, a small gym and a business center for the use of owners and tenants, a large communal swimming pool in well landscaped gardens leading directly to the beach. This apartment is a one bedroom suite with Garden view. This luxury 215m2 suite enjoys direct panoramic beachfront sea view. A large living room and a dining area integrating via a glass sliding wall with the master bedroom, plus private fire escape access. A variety of balconies, 3 spacious independent bedroom suites plus guest wc. A great income producing opportunity. Various 1 - 2 bedroom apartment available on the complex.
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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