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5 bed villa for sale in Latchi, Polis, Cyprus

ID: 247677
Price€3,057,500
TypeVilla
Land area1196 m²
Beds5
Rooms6
Qualify for Citizenship
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Environment

Sale of villa

The style of our spacious beach front home is reflected in the open floor plan, offering great versatility and with mesmerizing views creates an enchanting environment for easy, relaxed water front living. Conveniently located near fine restaurants, marina, boutique shopping and a short distance to the nearest golf course, this extra ordinary property is just minutes away from the picturesque town of Polis. Boating and fishing enthusiasts will appreciate Latchi marina with its variety of water sport facilities. This substantial five bedroom bungalow is positioned on a large plot leading directly to the water ‘sedge. The property enjoys, spacious, light-filled living and entertaining areas, en-suite bathrooms to all bedrooms, generously sized balconies, magnificent roof garden and an infinity pool all set in large private gardens making Mediterranean in door and alfresco living areal delight. In addition the large basement offers the option for further bedrooms, entertainment room or study.

Extra Сosts when Buying Property

TRANSFER TAX
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

Property Price
Rental Cost
0%
Jane
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