+ 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%

4 bedrooms Villa in Limassol, Cyprus No. 29016

4

Bedrooms

5

Bathrooms

236.5 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

New modern 3-storey and 4 bedroom house, located in the area of Agia Fyla, Limassol. Agia Fyla has been one of the most sough-after locations in Limassol and has experienced a big growth the last years especially by families that were searching for a quiet living without having to sacrifice convenience, good access to the city’s amenities but also to their jobs. An area with a good investment potential, home to both locals and foreigners that help transformed the area into a suburban center. Residence is a modern development of two detached housing units in one of the most demanding locations of Limassol. Nicely designed, the houses offer comfort for families who appreciate practicality and clean layouts. All required amenities can be found within a short-distance drive. All houses are built following all health and safety and structural standards. The design of each house has been carefully thought through, each has at least three bedrooms and bathrooms, a spacious terrace and space for a swimming pool if you so desire. All open-plan kitchen/dining rooms are connected to the veranda. Premium quality materials are used in construction. Energy efficiency class - A. Private pool, roof garden. Two covered parking spaces. TURNKEY FINISHES: High-quality ceramic tiles in living room, Laminate flooring in bedrooms, Quality ceramic tiles in bathrooms & toilets, Double glazing aluminium window frames, High quality entrance doors, Provision for A/C split units in all rooms, Sanitary wear from European brands, High-quality kitchen and wardrobes from European brands, Countertops made of artificial granite, High ceilings (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

4 bedrooms Villa in Limassol, Cyprus No. 29016

4 bedrooms Villa in Limassol, Cyprus No. 29016

Features

Indoor facilities

Veranda

Veranda

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