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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Detached large villa 400 sq.m with prospects of building another 150 sq.m in COLUMBIA area... 8 minutes from the beach. The ground floor comprises open plan lounge, office,WC for the quests, 2 kitchens, organized garden with grass, covered garage, 2 storage rooms and a covered barbecue area. The first floor consists of 5 bedrooms un suite, living room with sun roof, kitchen and storage. It has central heating, air conditioning throughout and security lights. It has room for a pool.
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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