+ 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 Villa in Foinikaria, Limassol, Cyprus No. 29231

2

Bedrooms

2

Bathrooms

85.6 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New 2 bedroom villa in a modern complex in a quiet suburb of Limassol, Finikaria (Foinikaria). The complex consists of 8 modern villas. With a stunning exterior, project's interior is designed with high-end finishes without being too luxurious, while offering a variety of living styles. In the project, you have the option of two- or three-bedroom golden units, which makes it an ideal place to live, invest, or raise a family. The modern architectural style is perfectly combined with the surrounding environment. Project Characteristics: High-quality ceramic tiles, High-quality European laminate, High-quality non-slip bathroom tiles, Double-layer aluminum thermal insulation windows, Secure front door, Pre-installed split air conditioner, European-made plumbing, High-quality kitchen cabinets and wardrobes of European standard, Countertop made of synthetic granite, High-rise structure (2.90-3.20 m). Villa feauteres: two bedrooms, two bathrooms, covered veranda, roof garden. Aircondition, Split system. Heating, Provision. Landscaped garden. Parking, Covered. Solar photovoltaic panels, Provision. Storage.

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Villa in Foinikaria, Limassol, Cyprus No. 29231

2 bedrooms Villa in Foinikaria, Limassol, Cyprus No. 29231

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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