+ 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. 28522

5

Bedrooms

6

Bathrooms

760 sq.m.

Square

Parameters

Property Description

Luxury 5 bedroom villa located in a prestigious area of Amathunda. The location of this exceptional property offers an outstanding combination of panoramic views of the sea and the mountains all together. Villa consists of three floors and five bedrooms in total accompanied by one maid’s room and one guest room and offers an extensive list of unique features, including high ceilings, highest quality finishes and appliances, VRV system, underfloor heating, floor to ceiling windows that offer panoramic sea view from all rooms, smart home system, spacious lounge area with spa, gym, jacuzzi and aquarium. This elegant villa along with themagnificent interiors offers spacious landscapes, two swimming pools and a magnificent roof garden with unobstructed sea views. All building permits are available, and construction can start without any delays. Estimated delivery - 2024

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. 28522

5 bedrooms Villa in Limassol, Cyprus No. 28522

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