+ 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 Agios Tychonas, Limassol, Cyprus No. 28778

5

Bedrooms

4

Bathrooms

290.3 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Luxury 5 bedroom villa in an elite complex in Agios Tychonas, Limassol. The project consists of twelve ultra-modern villas that share cubist concepts, but each having its own characteristics. These 3,5,6-bedroom homes are high-set above the beach at Ayios Tychonas on the outskirts of Limassol. What’s so outstanding about these villas is their superb features. Large private swimming pools in private landscaped gardens. Sun terraces with an outdoor bar and lounging areas. Private covered parking. Each villa is designed to maximize light and space and is finished with, the most up-to-date, high-quality materials and fittings.

Features

Veranda

Veranda

Storage room

Storage room

5 bedrooms Villa in Agios Tychonas, Limassol, Cyprus No. 28778

5 bedrooms Villa in Agios Tychonas, Limassol, Cyprus No. 28778

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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