€ 585 000

€ 2 786 / sqm

+ 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 Ekali, Limassol, Cyprus No. 28637

Bedrooms

Bathrooms

210 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

A luxury 4-bedroom detached house in Ekali area of Limassol city. The house is located close to all amenities and within a 5-minute drive away from Limassol’s city center and very close to the highway linking Limassol with all the major cities. All necessary city amenities for comfortable living like shops, bakeries, pharmacies and cafes are within walking distance including all English Private Schools. Modern and elegant architecture, well-through-out planning solutions and high quality finishing materials will impress anyone who appreciates a truly unique style and comfort. The project will be great choice for comfortable family living and secure investment. Delivery date: February 2024.