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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A three double bedroom villa minutes from the sea and the center of Coral Bay erected in big land of 2906 sqm. The property has three double bedrooms master en suite with big veranda and downstairs is open plan lounge dining and fully equip kitchen with separate 35sqm garage and storage a big covered veranda of 35sqm and a gazebo. The land is separate in two the one part is the house with a garden and the other half is olive grove.
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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