+ 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%

3 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 26434

3

Bedrooms

2

Bathrooms

127 sq.m.

Square

Parameters

Property Description

This is a  beautiful residential development comprising 7 villas situated in the area of Protaras-Kapparis. The 3-bedroom villa for sale with features a modern design with a private swimming pool, roof terraces (optional), high-quality specifications and beautiful gardens. The location is fantastic, just next to all amenities: Bakery, Supermarket, Restaurants and other amenities are a few minutes walk or drive. The nearest beach is 2 minutes by car and many others in a distance of 3 kilometres. The cosmopolitan Protaras with the most famous beach in Cyprus of Fig tree bay it’s only 5 minute's drive away. Paralimni Marina is 3 minutes away and Paralimni is just 3 minute’s drive. It is the ideal choice for Permanent Living and for an investment property, roof garden extra cost 30 000 euro and for an investment property, green area 55 sq m

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

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

3 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 26434

3 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 26434

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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