€ 1 595 000

€ 3 948 / 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%

5 bedrooms Villa in Palodeia, Limassol, Cyprus No. 35594

Bedrooms

Bathrooms

404 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Villa For sale in Palodeia. Only a short drive from the well-recognized Heritage School. The property includes large kitchen, 4 good-sized bedrooms, and maids bedroom. a lounge area and dining area, lovely patio, and garden area. an entertainment room, cinema room and infinity pool. 550 meters above sea level which allows the owner of this property to escape the humid summer nights in a comfortable living space. A mere 15 minutes drive to Limassol city centre. All basic amenities, shops, pharmacies, restaurants, and schools are a few minutes drive away. And only a short distance to the beach.