+ 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%

3 bedrooms Villa in Limassol, Cyprus No. 29007

3

Bedrooms

3

Bathrooms

162 sq.m.

Square

III quarter, 2024

Completion date

Parameters

Property Description

New 3 bedroom villa in a modern design development located in the heart of Limassol the quiet residential area of Agia Fyla, close to all amenities, banks, business offices, schools just 5’minutes’ drive to the highway and yet only 10’ minutes’ drive to the Mediterranean sea. The complex combines tranquil living without sacri­ficing the convenience of a modern family’s daily requirements. It nears to all city amenities, three prestigious private schools, and two top-notch hospitals, this area is great for families of any size. Project is a large community of 9 villas and 12 apart­ments, with a total land area of 4,200 square meters, developed in two phases. Safe gated complex, common green areas and swimming pool, children’s playground. Features: high-quality tiles and European laminate floors, high-quality non-slip tiles for bathrooms, double-layer aluminum insulation glass windows, European made security entry door, provision for split air conditioner, European brand sanitary ware, Eu standard high quality kitchen cabinets and wardrobes, countertops in synthetic granite, high-rise de sign (2.90-3.20m).

Features

Veranda

Veranda

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

3 bedrooms Villa in Limassol, Cyprus No. 29007

3 bedrooms Villa in Limassol, Cyprus No. 29007

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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