Sustainable Cyprus Villas

Situated in a tranquil and picturesque area within the municipality of Ayia Napa, Cyprus, this development comprises two elegantly designed two-story villas. Each villa is Energy Efficient with a rating of A, ensuring reduced energy consumption and a lower environmental footprint, while also providing long-term savings. The ground floor offers a spacious and open-plan design that seamlessly integrates the living area, kitchen, and dining spaces, and includes a guest WC. Upstairs, the second floor features three beautifully designed bedrooms, with the master boasting a private en-suite bathroom, and a second well-appointed bathroom serving the remaining two bedrooms. 

Each villa also includes a private parking space. The project offers an ideal retreat from urban life, while remaining just a short drive from everyday amenities and providing effortless access to the lively center of Ayia Napa and the pristine beaches and vibrant atmosphere of Protaras. Property features include balcony, BBQ area, views, double glazing, garden, parking, and solar panels.

Frequently Asked Questions About Buying Property in Cyprus

What Property Qualifies for Cyprus Permanent Residency in 2026?

Only new residential property purchased directly from a developer qualifies for Cyprus permanent residency by investment. The minimum purchase price is €300,000 (excl. VAT). Secondary market (resale) properties do not qualify. The 5% reduced VAT rate applies to the first €350,000 of purchase price for qualifying buyers, effectively reducing the total investment cost.

Can I Buy a Resale Property for Cyprus Permanent Residency?

No. Cyprus permanent residency by investment requires purchasing a new property directly from a developer — resale or secondary market properties do not qualify for the programme. If you are interested in a resale property, Mirabello Consultancy can advise on alternative Cyprus residency routes that may be available based on your income and circumstances.

What Is the Cyprus Non-Dom Tax Regime for Property Investors?

Cyprus's non-domicile (non-dom) regime exempts qualifying residents from tax on dividend income, interest income, and capital gains on overseas assets for a period of 17 years. No inheritance tax applies in Cyprus. The 60-day tax residency rule allows full Cyprus tax residency by spending just 60 days per year in Cyprus. This makes Cyprus one of the most tax-efficient EU jurisdictions for property investors.

Is Cyprus in the Schengen Area?

Not yet. Cyprus is an EU member state but has not yet joined the Schengen Area. This means Cyprus permanent residency cardholders cannot freely enter the Schengen Area without a separate Schengen visa. Cyprus is expected to join Schengen in the coming years. For investors requiring immediate Schengen access, Greece (Golden Visa from €250,000), Malta (MPRP), or Portugal (from €250,000) are alternative EU options.

How Long Must I Keep My Cyprus Investment Property?

Cyprus permanent residency property must be retained throughout your residency. Selling the property without reinvesting in another qualifying property would affect your residency status. Most investors maintain the property for the 8 years required to qualify for Cypriot citizenship, after which the property requirement no longer applies to citizenship retention.

How Do I Start the Cyprus Permanent Residency Process With Mirabello?

Contact Mirabello Consultancy for a free, no-obligation consultation. Our Swiss-based investment migration experts will identify qualifying new-build properties in Cyprus, guide you through due diligence and legal requirements, and submit your application to the Civil Registry and Migration Department. With 350+ Golden Visa/residency cases and a 99% approval rate, we ensure the smoothest possible process from investment to residency card.