4 bedrooms Villa in Pegeia, Cyprus No. 62680
ID62680
$ 5 520 838
Property description
This project is a unique opportunity to invest and own superior property and land in Cyprus.The sea caves area is renowned for being an influential, luxurious, and high-end neighbourhood.
The location is one of the best on the island, known for its natural beauty, geographical and archaeological interest with the sparkling Mediterranean’s sea just a few steps away.
All bedroom suites are allocated on the second level and benefit from having luxury balconies with fantastic sea views.
An ideal investment for permanent living or to be used as a holiday home.
This property is suitable for the Fast-Track Permanent Residency (PR) Scheme in Cyprus because it meets all of the program's requirements. The property is new, located in Cyprus, and worth at least €300,000.
In addition, the property is in a desirable location and offers excellent amenities. It is close to the beach, restaurants, shops, and other amenities. This makes it a great place to live, work, and raise a family.
The Fast-Track PR Scheme in Cyprus is a popular option for investors who want to obtain residency in Cyprus quickly and easily. If you are interested in obtaining permanent residency in Cyprus, I encourage you to consider this property. It is a great investment and will allow you to enjoy all that Cyprus has to offer.
Here are some of the specific requirements of the Fast-Track PR Scheme in Cyprus:
The property must be new and located in Cyprus.
The property must be worth at least €300,000.
The property must be registered with the Cyprus Land Registry.
The investor must be a non-EU citizen.
The investor must not have a criminal record.
The investor must provide proof of financial means.
If you meet all of the requirements, you can apply for permanent residency in Cyprus through the Fast-Track PR Scheme. The application process is relatively simple and can be completed in a few months.
Reference number: C1857
Property area: 678 m2
Type: Villa
Condition: Brand new
Energy Efficiency: A
Bedrooms: 4
Square meter price: €7.670 /m2
Bathrooms: 5+:
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From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.