+ 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%

3 bedrooms Villa in Germasogeia, Limassol, Cyprus No. 28581

3

Bedrooms

2

Bathrooms

137 sq.m.

Square

III quarter, 2024

Completion date

Parameters

Property Description

Located in desirable hills of Limassol, complex of villas comprises 7 luxuriously appointed 3 bedroom residences, which harmoniously blend with their natural surroundings. Villas are within a short drive of award-winning sandy beaches, close to a plethora of shops, restaurants and other amenities, yet offer a serene environment and tranquility.

Features

Veranda

Veranda

3 bedrooms Villa in Germasogeia, Limassol, Cyprus No. 28581

3 bedrooms Villa in Germasogeia, Limassol, Cyprus No. 28581

Features

Indoor facilities

Veranda

Veranda

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