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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Located in Germasoyia, only 750m from the sea and close to all amenities this two storey house has a covered area of 190m2 on a 258m2 plot. The ground floor hosts the living room, separate kitchen with dining room, extra cosy living area with fireplace and guest wc. On the first floor there are 3 bedrooms, one with ensuite, and the main bathroom. Externally, there is a housekeeping room with fourth bedroom, swimming pool with jacuzzi and parking. Has air conditioning and electric central heating.
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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