€ 390 000

€ 2 932 / sqm

+ 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 Pyla, Larnaka, Cyprus No. 26540

Bedrooms

Bathrooms

133 sq.m.

Square

Parameters

Property Description

This villa presents a Class A Energy Efficient contemporary villa.All amenities including restaurants, bars, hotel facilities and shops with the products are just a couple of minutes' drive away from the villa's project by car. The beautiful Mediterranean town of Larnaca is only 10 minute drive away.The Villa feature a combination of innovative design and timeless sophistication with a light-filled open floor plan on the ground floor. The villa is brimming with spacious living spaces and energy-efficient sliding doors that blur the line between indoors and outdoors, bringing splendid views to the back garden area, swimming pool and outside sitting area. Photovoltaic panels are placed on the roof level connected to net metering with the Electricity Authority for renewable energy. The villa upstairs holds three bedrooms with an en-suite bathroom for the master bedroom and a great master bathroom. All bedrooms face the masterfully designed outdoor pool and garden area.The swimming pool is extra.Commencement of works September 2023.Completion of works March 2025

Features

Car park

Swimming pool