William B. DiOrio

CIPS, GRI, REALTOR®
Dale Sorenson Real Estate Inc.
321-961-7961
Licensed In: FL
License #: 3389983

11 Anatoli Street | Oroklini Cyprus  | €800,000

• This 250m^2 (2690 sqft) 4 Bedroom, 3 Bathroom luxury home sits on an 850m^2 corner plot of land in an upscale neighborhood  in the Oroklini district in Southern Cyprus. Just 300m from the Mediterranean Sea, the home was built on just one-half of the 850m^2 plot of land, leaving the second half (the East side & corner-half of the plot) available for a new construction home directly next door.
• The adjoining land to the West of the primary single family home is designated “Green Space” so there will never be a home built there. There is fantastic privacy offered in the courtyard of the home, where a detached mother-in-law suite has been constructed
• *Recent appraisal supports List Price

When viewing, be certain to click the Blue "View More Photos" button, as only 10 images load at a time. Please note that these properties are located on the Greek side of the island, in Southern Cyprus. Northern Cyprus, the Turkish side, is not recognized by the  European Union.

PERMANENT RESIDENCY IN CYPRUS

Applicants can secure permanent residency in Cyprus through investment in real estate. The program is one of the fastest and simplest investor visa programs in Europe. It requires investment of just €300,000 into property to gain the Cyprus residency permit.The residency visa is granted within two months and covers the whole family. It includes parents of both the main applicant and spouse plus dependent children up to the age of 25. It is valid for life and can be passed down to dependents and spouse.

The permanent residency program offers ease of travel throughout the European Union and requires just one visit to Cyprus by all family members once every two years. The investment may be made by a company for which the main applicant and spouse are beneficial owners. The investment can be in to a maximum of two properties provided they reach the €300,000 permanent residency limit. The properties purchased must be brand new.

WHY CYPRUS?

Cyprus has a very favorable tax regime for individuals and companies residing there. Over 80% of the country speaks English and there are excellent education facilities including several UK universities with campuses on the island. Cyprus has the lowest crime rate in Europe and is the 5th safest country in the world. There is a high standard of educational institutions and healthcare facilities. Cyprus is strategically located at the crossroads of three continents, Europe, Asia and Africa. Cyprus is set to join the EU Schengen zone soon. Property acquired is freehold, there is a low property tax and there is reduced VAT on property of just 5% (subject to conditions). Credit goldenvisas.com