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Residential Estate in Cyprus

From R5,580,000

Development Marina Sea Views Villas, Peyia
Web Ref No ND38

Marina Sea View Villas is a stylish development of 13 villas.

VILLA
From R5,580,000
Number of Villas 13
Size From 210m² to 300m²

New Development Profile

A stylish development of 13 villas with 180 degree views of the western coastline. They are in a convenient, established, residential area of the village of Peyia and just a 5 minute walk from a variety of shops and other handy facilities.

These 'classic contemporary' style villas are finished with distinctive natural stone fascias and impressive first floor balconies with wooden balustrades. The upper roof terraces offer another superb living space for your family to enjoy the views, breathe in the fresh air and appreciate the beautiful colors of the sunset.

The interior will be completed with high quality fittings - you may be able to choose these yourself in the early stages of construction, adding your own special touch to your new home. A swimming pool is optional. Gardens will be landscaped with low maintenance Mediterranean plants, small bushes and trees.

No wonder these villas have already proved so popular with buyers, not only do they look good and are built to the highest standards, they are unbeatable value for money.

Peyia Village is a perfect and popular location with an established and friendly local community. Nature and the sea are right on your doorstep. It is only 5 minute drive to the beach and the tourist area of Coral Bay with its spectacular Blue Flag sandy beaches. It is only a 15-20 minute drive to Pafos. The picturesque harbour of Agios Georgios and its colourful little fishing boats is another fabulous location to while away your time. Further on is the National Park of the Akamas Peninsular with beautiful and deserted beaches, crystal clear water and wild rugged countryside. The Leaning Centre Private English School is also nearby.


Why Cyprus:

- Strategic location.
- Safe. Cyprus is in the top 5 safest countries in the world.
- English widely spoken.
- Favourable tax for Investors, lowest business tax in Europe.
- Advanced infrastructure - Education, Banking, Healthcare, Tourism.
- 300 days of sunshine a year!

Permanent Residency:

- Must purchase new property worth €300,000 + VAT or more.
- VAT will be 5% for the first property purchased in Cyprus instead of 19%.
- PR is guaranteed if all requirements are met (ie. Property purchase, all documents provided) and is received in 2 to 3 months.
- To start the application, at least €200,000 + VAT must have been paid and all documents provided to the lawyers.
- €30,000 must be placed in a fixed deposit account in the name of the applicant in a Cyprus bank for 3 years.
- One purchase can provide PR to husband and wife, any children under 25 years old, parents of the husband and parents of the wife.
- Holders of Cyprus PR cannot work in Cyprus but can own a business.

Citizenship:

- Must purchase property worth €2,000,000 + VAT or more.
- Can be multiple properties which need to be kept for 3 years, after which only property worth €500,000 must be kept for life. (ie. 4 Investment Villas plus 1 Primary Residence).
- Citizenship is granted 6 months after €2,000,000 investment and all documents provided to the lawyers.
- Dependent children up to the age of 28 that are attending an institution of higher education.
- Parents of the main applicant (either husband or wife) can apply for Citizenship after the main applicant has acquired Cypriot Citizenship, as long as they have purchased a property worth at least €500,000 + VAT.
- Citizenship will be passed down through the generations.
- Holders of Cypriot Citizenship can reside and work in the European Union and can travel visa free to 157 countries.
- Access to health care and education throughout the EU.
- Fantastic tax benefits ie corporate tax 12.5%

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