+ 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 Limassol, Cyprus No. 39330

3

Bedrooms

150 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: New finished villa with 3 bedrooms and 3 bathrooms in a quiet area of Kato Polemidia with excellent transport accessibility, suitable for permanent residence. The villa meets modern requirements of convenience and quality: it has three spacious bedrooms, 2 bathrooms and a guest toilet, high-quality turnkey finishes, including marble floors, modern interior doors, built-in wardrobes in the bedrooms and kitchen, equipped bathrooms, heat/noise and waterproofing, water supply system, triple glazing, etc. Private parking. Energy saving class A.

The area of Kato Polemidia is quiet and peaceful with a friendly atmosphere and excellent transport accessibility to all infrastructure facilities: good schools, supermarkets, parks, banks, restaurants, etc. are within a short drive. It is ideally suited for year-round living and long-term rental due to the perfectly balanced balance of living close to urban amenities and in a calm suburban atmosphere. 

 

• Object type:Villa
• Area: 150 m2
• Plot: 180 m2
• Number of bedrooms: 3
• Number of bathrooms: 3
• Year of construction 2025
• Suitable for permanent residence
• Energy saving class A
• Cost 390 0000 euros + VAT

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Statistics

€ 4 952

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 481

Apartment (1 bedroom) Outside of Centre

€ 1 244

Apartment (3 bedrooms) in City Centre

€ 2 378

Apartment (3 bedrooms) Outside of Centre

€ 1 882

Buy Apartment Price

Price per square metre in the city centre

€ 4 952

Price per square metre outside the city centre

€ 3 672

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3 bedrooms Villa in Limassol, Cyprus No. 39330

3 bedrooms Villa in Limassol, Cyprus No. 39330

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