+ 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 Ekali, Limassol, Cyprus No. 30116

4

Bedrooms

3

Bathrooms

185 sq.m.

Square

III quarter, 2024

Completion date

Parameters

Property Description

New modern 4 bedroom villa in Ekali area of Limassol, close to necessary infrastructure and amenities. Ground floor features open-plan living and dining area with a kitchen, guest bedroom, shower room and 2 verandas. Second floor accommodates 3 bedrooms, master is en-suite with shower, main bathroom, laundry room and 2 verandas. Property is class Energy efficiency "A" and features Austrian photovoltaic system 3KW, German insulation 10cm (ClimaPlus – Thrakon) and German solar panels & Italian pressure pipe. Italian manifolds & multilayer pipe-in-pipe system with aluminium layer (Giacomini) and Italian waterproofing system (Copernit) Belgian waterproof parquet with a LIFETIME warranty (Quick-Step). Insulated bricks and windows. Property is also equipped with BOSCH home appliances (fridge, washing machine, tumble dryer, microwave, built-in oven, induction hob, cooker hood) Fully airconditioned with Daikin. Automation Solution Sonoff. Italian whole house water filter system. Choice of HPL/stone/ wood custom façade. Delivery: 18 months after permit issuing

Features

Veranda

Veranda

Features

Indoor facilities

Veranda

Veranda

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