€ 510 000

€ 3 312 / sqm

+ 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 Pervolia, Larnaka, Cyprus No. 33309

Bedrooms

154 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

33309
City

Cyprus
Type

Villa
Status

Off-plan
Bedrooms

3
Total floors

2

Square

154 sq.m.
Land area

682 sq.m.
To sea

150 m
To airport

5 km
Completion date

IV quarter, 2025
Completed

Yes

Property Description

Next is the automatic translation: Beautiful and spacious villas with 3 bedrooms and 3 bathrooms with a private pool (house area of 154 m2, garden area - large by Cypriot standards -682 m2) with magnificent sea views just 150 m from the sandy beach with the possibility of installment payment until the end of 2025 and the possibility of applying for permanent residence for the whole family after making the first payment in the amount of 200,000 euros. This quiet, picturesque place has excellent transport accessibility: it is only a few minutes drive to the airport, but there are no planes, the center of Larnaca and its attractions are also a few minutes away. UCLAN International University, which gives graduates a British and European diploma at the same time with a wide range of specialties, is only 15 km away, and business Limassol and Nicosia are no more than half an hour away.

The cost of a 3-bedroom villa is comparable to the cost of an apartment in a new building - 510 000 euros + VAT (interest-free installment payment until the end of construction)

• Property type: villa
• Number of bedrooms: 3
• Number of bathrooms: 3
• The area of the house is 154 m2
• The garden area is 682 m2
• Parking
• Storeroom
• Bessein
• 150 m from the sea
• Sandy beach
• Turnkey delivery in 2025
• 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