+ 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 Athanasios, Limassol, Cyprus No. 28924

5

Bedrooms

6

Bathrooms

300 sq.m.

Square

II quarter, 2023

Completion date

Parameters

Property Description

Luxury 7 bedroom villa in a ready project located in Agios Athanasios, one of the most sought after area of Limassol, a short drive to highway and only 7 minutes’ drive to the blue flagged beaches of Limassol. The project’s site is surrounded by newly built single-family houses and a public park. The properties will enjoy amazing sea and city views towards south and calming mountain views, watching north. Additionally the municipality of Agios Athanasios has leisure centers, sports fields, parks, restaurants, banks, shops, kindergartens, public & private schools and a cultural center. The project makes use of a 13.000 m² land and offers nearly 8.000 m² built areas, housing 14 single-family villas and 5 buildings of 4 storeys featuring 2 and 3 bedroom apartments. The residents will enjoy a high-end living experience, enjoying the nearly 2.000 m² landscaped park, BBQ entertainment area, common swimming pool, fitness trails, tennis and basketball court and children playground. Visitor’s parking and disabled parking spaces in the public areas. Each villa has 3 floors, free private garage, private garden and roof garden.  Characteristics: Customize kitchen & wardrobe, Video phone input system, Granite countertop, Pressurized water system, Marble floor, Pipeline system, Bathroom facility (brand KARAG), Solar panel water heating, Faucet (brand GROHE), Overall insulation(Polystyrene), Fully-automatic electric roller blind, environmental Private secure garage, protection energy-saving window, Private storage room, Hidden ceiling (lighting&decoration), Security door. Public Equipment: Gated security system, Surveillance system (all public area), Luxury reception lobby, Decorative public area, LED lighting, Outdoor swimming pool, Children swimming pool, Greenland Landscape Park, Barbecue area, Children’s playground, Basketball court& badminton court, Public parking area, Property management & rental service

Features

Veranda

Veranda

Swimming pool

Swimming pool

5 bedrooms Villa in Agios Athanasios, Limassol, Cyprus No. 28924

5 bedrooms Villa in Agios Athanasios, Limassol, Cyprus No. 28924

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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