+ VAT

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.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

5 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 26325

5

Bedrooms

5

Bathrooms

293.1 sq.m.

Square

Parameters

Property Description

Situated in a generous seafront plot on the beautiful Protaras shoreline, this mansion is one of four in a luxury private development. Using natural materials such as wood and stone, this sprawling 5 bedroom villa blends into the surrounding environment. Enjoy spectacular uninterrupted views of the Mediterranean and high-end features such as heated swimming pools, fireplaces, and large landscaped gardens.Images are 3D architectural renders are for reference purposes and may not fully reflect the final product. Speak to your agent for more detailsFEATURES • Natural Stone and Concrete finish for exterior • Thermal Insulation • 10KW photovoltaics • Plug for Electric Car • Modern Fireplace • Automation System for Light, Curtains, AC, Heating, Sound System • Elevator for 4 people • Roof Terrace with Patio • Heated Swimming Pools • Double Glazing Windows • Energy Efficient Home A+ • Lighting Design by IFI Lightings Group • Direct access to the beach

Features

Veranda

Veranda

Car park

Car park

Statistics

€ 2 750

Price per sq.m.

-

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paralimni

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 567

Apartment (3 bedrooms) in City Centre

€ 1 167

Apartment (3 bedrooms) Outside of Centre

€ 1 300

Buy Apartment Price

Price per square metre in the city centre

€ 2 750

Price per square metre outside the city centre

€ 3 250

5 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 26325

5 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 26325

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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