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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The villa is a three story property with outside area covered by mature garden, large ceramic swimming pool and terrace with great sea views. You enter the ground floor into a hallway which opens to a spacious and open plan living/dining/kitchen area. From the living room, large double glazed doors lead onto the terrace and pool area outside. The corner kitchen, practical and fully equipped with Miele and Bosch white goods, is separated from the living/dining area by
an arch and breakfast bar. A wooden staircase leads up to the first floor consisting of three double bedrooms master en-suite bathroom and balcony. Basement floor opens to the huge resting/games area, which is connected to the spacious TYLO sauna. There is a shower and WC right next to it. Ground floor could
be easily turned to another bedroom, as it has another separate family bathroom. There is also a separate laundry room and storage. The property is tastefully decorated with luxury finishes, crystal chandeliers and top quality Italian furniture. Title deeds available.
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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