+ 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. 28786

5

Bedrooms

6

Bathrooms

378 sq.m.

Square

Parameters

Property Description

Superb 5 bedroom villa with amazing sea views situated on a huge plot in the Paniotis area of Limassol near the famous 5 stars Hotels. A unique property in the top of Germasogia with unstoppable view. NO NEIGHBORS. The property is not in a complex. The house consists of 3 levels. The first level: on the basement you can do apart from the parking, a gym a storage or even a music studio and comprises: 2 bedroom with 2 en-suite bathroom, walk-in wardrobe, kitchen, guest WC, laundry room, parking space and storage room. The second level includes: lobby with a guest wardrobe, guest WC, 2 bedroom  with one bathroom, sipareted kitchen, dining room and living room inside; parking place,  swimming pool, BBQ place, wooden patio, shower and garden outside. The third level comprises: one bedroom, WC, kitchenette, covered veranda.  There is also an elevator. The main specifications: thermal insulation, double glazing windows and doors, water tank with solar panels and electric water heater, heated swimming pools, installed VRV air conditioning system, installed under floor heating, "smart home" automation system, CCTV system, automate irrigation system. Excellent location just a few minutes drive to the beach and city amenities. 

Features

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

5 bedrooms Villa in Limassol, Cyprus No. 28786

5 bedrooms Villa in Limassol, Cyprus No. 28786

Features

Outdoor features

Swimming pool

Swimming pool

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more