+ 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 Pissouri, Limassol, Cyprus No. 35355

3

Bedrooms

199 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A beautiful 3-bedroom villa with a covered area of 200 m2 with a garden of 350 m2 and ready in a month with the possibility of permanent residence in a prestigious suburb of Limassol - the village of Pissouri overlooking quiet picturesque hills within walking distance from the village square, next to golf courses and the famous Aphrodite rock. • Property type: villa
• Number of bedrooms: 3
• Number of bathrooms: 2
• Ground floor living area: 69 m2
• Second floor living area: 84 m2
• Covered veranda: 24 m2
• Indoor parking: 19 m2
• The total covered area is 199 m2
• The plot area is 340 m2
• The deadline is in 3 months
• Built-in kitchen
• Built-in wardrobes in the bedroom
• High quality finishes
• The possibility of obtaining permanent residence
• Cost 480,000 euros + VAT

More detailed information, layout, photos and videos, screenings: whatspap/viber/telegram

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