+ 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 Limassol, Cyprus No. 28292

5

Bedrooms

6

Bathrooms

354.9 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

Luxury modern detached 5 bedroom house under construction in Paniotis, Germasogia area Limassol, with full sea view, just four minutes from tourist area, close to all infrastructure and amenities. Villa features 5 bedrooms, 6 w/c, 1 baths and 4 en-suite showers, open-plan living and dining area, separate kitchen with breakfast area. Specifications and fittings include built-in wardrobes. Provisions for central heating , Air-Conditioning, alarm system and CCTV cameras. Electrical and telephone installation, provisions for electric parking doors and electric gates. Installed photovoltaics. Private swimming pool, storage room, covered parking for 2 cars

Features

Veranda

Veranda

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

5 bedrooms Villa in Limassol, Cyprus No. 28292

5 bedrooms Villa in Limassol, Cyprus No. 28292

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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