+ 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. 28953

5

Bedrooms

5

Bathrooms

727 sq.m.

Square

Parameters

Property Description

Luxury 5 bedroom villa is located on the spectacular coastal elevation of Amathus in Limassol. At comfortable distance from the town centre of Limassol, its seafront location guarantees uninterrupted sea views and a short drive from the cosmopolitan business and entertainment centres of the city. This villa elements a unique design and character and with 4 storeys offering much to enjoy: First Floor features Master bedroom with fireplace, and 2 bedrooms; Ground Floor features:  Kitchen, Living & dining area with fireplace, Overflow outdoor pool;  Basement: Laundry room, Shower x2, Guest bedroom, Gym, Sauna, Office (can be made into an en-suite bedroom on request). Property Facilities: Underfloor water heating, Concealed air conditioning, Smart Home system, Solid Parquet, 2 fireplaces, Elevator for 7 people, CCTV, Alarm system, Overflow Pool (9m x 5m) & 1.20m – 1.80m depth, 2 indoor parking spaces, 1 outdoor parking space, Water well.

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. 28953

5 bedrooms Villa in Limassol, Cyprus No. 28953

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