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Investment in Kissonerga, Paphos

Kissonerga, Paphos, Cyprus

ID 220207
For Sale 2,307,000

PROPERTY FEATURES

Property Type Investment  
Indoor Facilities
Outdoor Facilities

Description

4 luxury 4 bedroom Villas, Investment opportunity

Proposal Financial Details

Investment in land €800,000

Construction of Luxury Villas €1,450,000

Design & Build

VAT 5% for Private Residence €25,000

VAT on Land €152,000

(Refundable after start of sale of project)

Transfer Fees on Land €32,000

 

Total Cost €2,307,000

 

The amount of €152,000 / VAT on land is not calculated in expenses as you can

claim it back when you start selling the villas.

Furniture Package optional from €30,000 + VAT per Villa