9997m2 Land in Monagroulli, Limassol, Cyprus No. 10676
9
ID10676
€ 1 700 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
There are two houses built plastered and the floors finished with the facilities for central heating air-condition Units etc (No parquet has been installed in the rooms.The houses do not have VAT because the building permit was issued before the VAT legislation for houses came into force.
The selling price of the property with the plans and building permits for 16 houses is € 1,700,000
The property belongs to a company and thus no transfers will be paid to the Limassol Land Registry
Contact the seller
CityMonagroulli
TypeLand
Living space9997 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 1 700 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Offer your price
From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.