+ 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%

4 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 26457

4

Bedrooms

2

Bathrooms

200 sq.m.

Square

Parameters

Property Description

The area is just 3 minutes awayform the centre of Ayia Napa. Kokkines is the best andthe most quiet area in Ayia Napa.The project is developing into three Luxurious massivemodern homes. The 4 bedroom villas have internalcovered area of 190 square meters .The plots are allmore than 390 square meter. The houses are off-planwith a delivery time of 12 monthsThe properties includes a roof garden and can offer foroptional a private pool and a basement. The finishes ofthe property consist to be top quality and the design ismodern and very attractive . It is an open plan with ahuge kitchen and a living room.Furthermore theefficiency of the building will be A.Swimpool and roof garden optional

Features

Car park

Car park

4 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 26457

4 bedrooms Villa in Ayia Napa, Ammochostos, Cyprus No. 26457

Features

Outdoor features

Car park

Car park

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