+ 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 Kiti, Larnaka, Cyprus No. 33308

3

Bedrooms

110 sq.m.

Square

II quarter, 2026

Completion date

Parameters

Property Description

Next is the automatic translation: In a large gated community with developed infrastructure, a landscaped garden and a beautiful territory, villas of various configurations with 2, 3, 4 and 5 bedrooms are offered for sale with the possibility of choosing the size of the house and plot for any budget. This is a unique opportunity to live in your own house on the Mediterranean coast with a beautiful sandy beach and excellent transport accessibility to the international airport, American school, British university, supermarkets and restaurants. 

Comfortable houses with 3 bedrooms and 2 bathrooms (one with a bathtub, the second with a shower) with an area of 110 m2 and a garden of 410 m2 are offered for the price of an apartment! This is an excellent investment in the future of your family, for which there is no need to spend a large sum at a time: there is an interest-free installment payment until the end of construction, namely until 2026. By purchasing a house and paying a down payment of 200 thousand euros, you can immediately apply for permanent residence for all family members, including adult dependent children. 

• Property type: villa
• Number of bedrooms: 3
• Number of bathrooms: 2
• The house area is 110 m2
• The garden area is 410 m2
• Parking
• Storeroom
• Bessein
• Complex on line 1
• Closed area
• Sandy beach
• Turnkey delivery in 2026
• Installment payment
• The possibility of obtaining permanent residence (submission upon payment of 200 thousand euros)
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Investment potential
• The distance from the airport is 5 km
• The distance from UCLAN International University is 15 km (Cypriot and British degrees, a wide range of specialties)
• Excellent transport accessibility: Nicosia, Limassol, Troodos, Ayia Napa and Protaras are half an hour away

The cost is 731,850 euros + VAT

More detailed information, consultations, layouts, additional photos, live screenings on request

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3 bedrooms Villa in Kiti, Larnaka, Cyprus No. 33308

3 bedrooms Villa in Kiti, Larnaka, Cyprus No. 33308

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