+ 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 Agios Tychonas, Limassol, Cyprus No. 28160

5

Bedrooms

4

Bathrooms

580 sq.m.

Square

Parameters

Property Description

For sale luxury Villa in Limassol. The Villa is located on a hillside in Agios Tychonas, with magnificent views of the Mediterranean sea and city of Limassol. Location of the Villa has all the advantages of a private country house with walking distance to the city infrastructure. This project is a work of modern architecture, executed in a minimalist style with elements of high tech. Plot area has a distinct topography that sets the tone for the architectural solution space planning building space and adjacent areas. The total area of the Villa including the basement and the garage is 762м2. Additionally, there are barbecue area with a bar, a place of leisure with a Jacuzzi and a fireplace — a hearth on the roof at 220m2, with a panoramic view of the city and the azure sea. The Villa has 4 levels which are gracefully connected the Central compositional core — air spiral staircase and a lift. Property will be fully furnished and equipped with all necessary electric appliances. Other facilities include: Gym, Sauna and Jacuzzi. Delivery: early 2021.

Features

Fully furnished

Barbecue area

Barbecue area

5 bedrooms Villa in Agios Tychonas, Limassol, Cyprus No. 28160

5 bedrooms Villa in Agios Tychonas, Limassol, Cyprus No. 28160

Features

Features

Fully furnished

Outdoor features

Barbecue area

Barbecue area

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