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 sea front villa has a unique classical and luxurious design offering lovely sea views. The house consists of a basement living room with kitchenette, a bedroom with ensuite toilet and shower, three storage rooms, covered parking with electric sliding doors and interior staircase leading downstairs.The ground floor consists of an open plan living/dining room with access to covered terrace , kitchen with sitting room and fireplace, a toilet and inside staircase that leads to the first floor. The first floor consists of three bedrooms featuring a cloakroom and washroom with jacuzzi (ensuite) and another dressing room and toilet with bathroom (ensuite), an office, a kitchenette, a toilet with bathroom, three covered porches and interior staircase which leads to the attic that consists of three rooms. Outside, the house has a perimeter fence of brick/concrete partially lined with railings metal construction, courtyard with pool and gazebo with barbecue.
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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