+ 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%

2 bedrooms Townhouse in Erimi, Limassol, Cyprus No. 28814

2

Bedrooms

2

Bathrooms

115.6 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

New 2-bedroom maisonette is located in a new project in Erimi area. Each maisonette has an open-plan living room and kitchen, 2 bedrooms with bathrooms and a guest toilet, as well as a garden and a veranda with access to the pool. Easy acces to highway.

Features

Veranda

Veranda

2 bedrooms Townhouse in Erimi, Limassol, Cyprus No. 28814

2 bedrooms Townhouse in Erimi, Limassol, Cyprus No. 28814

Features

Indoor facilities

Veranda

Veranda

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