+ 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 Bungalow in Limassol, Cyprus No. 28494

4

Bedrooms

5

Bathrooms

250 sq.m.

Square

Parameters

Property Description

Beautiful and spacious country-style 4 bedroom villa in a picturesque village of Souni famous for its beautiful nature and pine trees. Finishes and specifications include installed air-conditioning in all rooms.(split units) and provision for electrical heating system with radiators in all rooms, ceramic tiles on all of ground floors and bathrooms and laminated or tiles in all bedrooms. Solar and electric water heating system and provision for installation of photovoltaic panels. Private swimming pool 4m x 8m. Covered parking for 2 cars. Delivery in 8 months after contract signing

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

4 bedrooms Bungalow in Limassol, Cyprus No. 28494

4 bedrooms Bungalow in Limassol, Cyprus No. 28494

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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