+ 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 Limassol, Cyprus No. 26460

4

Bedrooms

6

Bathrooms

328 sq.m.

Square

Parameters

Property Description

New modern 4+1 bedroom villa located in the area of Parekklisia, offers comfortable accommodation. The house consists of two floors, and from its windows there is a beautiful view of the mountains. In addition to this, the house has a swimming pool to enjoy a refreshing swim, air conditioners for a comfortable climate, heating to keep warm in cold times, parking for convenience when parking a car, a storage room for storing things and an elevator for ease of moving around the house. The distance to the sea is 1800 meters, which makes it a convenient place for beach lovers. The energy efficiency class of this house is A, which means that it has high energy efficiency and lower operating costs. Double layer low e glass aluminum doorsand windows, 33cm wall thickness, High quality kitchen countertops, Italian style high quality wardrobes, kitchen cabinets and bathroom cabinets, Spanish high quality ceramic tiles

Features

Swimming pool

Swimming pool

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

4 bedrooms Villa in Limassol, Cyprus No. 26460

4 bedrooms Villa in Limassol, Cyprus No. 26460

Features

Outdoor features

Swimming pool

Swimming pool

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