Cyprus Villas

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 Property 27 of 135
Reference V029 Cyprus Property  
Title In Prime Location
Location Paphos  
Town Neo Chorio
Bedrooms 3  
Swimming Pool Private
Price(CYP£)* Sold
Details
Golden Beach Villas is situated in a prime location in Neon Chorion Village in the spectacular Akamas Peninsula with its virgin forests and untouched beaches. This remarkable development consists of 14 x 3 bedroom and 9 x 4 bedroom deluxe beachfront villas in one of the most sought areas in Cyprus and near the mythological Baths of Aphrodite and the prestigious Anassa Hotel. Each villa will have a private pool and large spacious verandahs designed to ensure views of the spectacular sunsets. Amenities such as supermarkets, a post office, banks, restaurants and other shops are within 5 minutes drive from this unique project. The 3-bedroom villas start from C£406.000 and 4-bedroom villas from C£474.000.
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Cyprus Villas

Acquisition of Property means
· Registration of Transfer
· Leases of more than 33 years
· Acquiring shares in a company owning real estate
· The establishment of a trust or any other set-up, which owns real estate.

Acquiring Property
Foreigners wishing to purchase real estate in Cyprus must:
(a) Obtain approval from the Council of Ministers and are allowed only one of the following:
· An apartment
· A House
· A Building Plot up to 4014 sq. m.


Contracts to purchase or lease real estate are valid and it is recommended that a clause be included in the contract to cover damages or other remedy in the unlikely event that an application for approval to purchase is rejected by the Council of Ministers.

Non-residents selling their property to other non-residents on the basis of an agreement concluded abroad are allowed to receive the entire proceeds abroad without the requirement of an exchange control permit.

More info here