The Malama villas are named after Malama Beach, which is just a few meters from the entrance.

Only just 300 meters from the golden sandy beach, these two-storey, 3 or 4-bedroom modern villas are being built! The outstanding location not only offers a view of the enchanting, crystal clear sea, but is actually an extension of the garden with its endless Mediterranean blueness! In the spirit of the 21st century, the properties under construction are already smart homes, so this unique villa with countless amenities and entertainment features may be your perfect choice! Thanks to its unique, modern design and bright white color, one of the Malama villas can be the jewel of the Cypriot summer!

PAYMENT SCHEDULE:

  • On completion of the property:

10.000,- EUR can be reserved which is included in the purchase price.
The property is therefore held for 1 month until the contract is completed and signed.

– To be paid at signing the contract: 90 % (minus the deposit).

+ Stamp duties – depending on the purchase price:
0 – up to 5 000 EUR                0 %
5 001 – 170 000 EUR              0,15 %
Over 170 000 EUR.                 0,2 %

+ Lawyer’s fee – 1 % of the value of the property ( includes all the administrative work and the submission of the application to the foreign buyer )

– Payable on transfer of title : 10 %
+ 5 % VAT
+ 50 EUR ( registration tax )

  • In the case of a property under construction:

10.000,- EUR to be booked which is included in the purchase price.
The property is therefore held for 1 month until the contract is completed and signed.

– To be paid at signing the contract : 40 % ( minus the deposit )

+ Stamp duties – depending on the purchase price:
0 – up to 5 000 EUR                0 %
5 001 – 170 000 EUR              0,15 %
Over 170 000 EUR.                 0,2 %

+ Lawyer’s fee – 1 % of the value of the property ( includes all the administrative work and the submission of the application to the foreign buyer )

– Payable on completion of structure: 20 %

– Payable on completion of roof structure / insulation : 15 %

– Payable on completion of cladding : 15 %

– Payable on handover of keys : 10 %
+ 5 % VAT
+ 50 EUR ( registration tax )