+ 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. 28232

4

Bedrooms

5

Bathrooms

364 sq.m.

Square

Parameters

Property Description

New modern 4 bedroom villa in a picturesque village of Pareklessia, few minutes drive to beach and 5 star hotels such as Parklane, St. Raphael and Grand hotel. Close to all necessary amenities and infrastructure. House features 4 bedrooms, 4 shower rooms and a guest toilet. Installed fireplace in the living room. Basement below the ground floor. Provisions for the air-conditioning and Central Heating. Garden features private swimming pool, BBQ area, storeroom and a covered garage for 2 cars. Delivery: January 2023

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. 28232

4 bedrooms Villa in Limassol, Cyprus No. 28232

Features

Outdoor features

Swimming pool

Swimming pool

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