+ 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 Townhouse in Protaras, Ammochostos, Cyprus No. 40668

3

Bedrooms

2

Bathrooms

132 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Detached house For sale, floor: Ground floor, 1st (2 Levels), in Paralimni - Protaras. The Detached house is 132 sq.m. and it is located on a plot of 283 sq.m.. It consists of: 3 bedrooms (1 Master), 2 bathrooms, 2 wc, 1 kitchens, 1 living rooms, while it has the following parkings: 1 Open. The property was built in 2024, Air conditioning are also available, it has Alluminum frames with Double glazed windows, the energy certificate is: A and its floors are Tiles, Wooden, Marble, Stone, Mosaic. The property's status is: New development, Under construction, it is close to Transportation, Park, Sea, Seaside, School, Church, Super Market, Mall, City Center, Entertainment centers, Port, it has Sea, Nature, Openness view and it has NorthEast, NorthWest, SouthWest, Southeast orientation. The Detached house is Bright, Airy, Seaside, Internal staircase, Swimming pool, Garden, Grass, Trees, Pets allowed, Quiet neighborhood. Price: €494.000. KW Seven Cyprus, contact phone: +35770001007, email: kwseven@kwcyprus.com, website: https://www.kwcyprus.com
Floor: Ground Floor, 1st

Features

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Sea view

Sea view

PVC double glazed windows

PVC double glazed windows

Balcony

Balcony

Air Conditioners

Air Conditioners

Similar Property

450 000

3 Bedrooms

2 Bathrooms

1 Floor

IV quarter, 2007

132 sq.m.

290 000

3 Bedrooms

3 Bathrooms

132 sq.m.

+ VAT

290 000

3 Bedrooms

3 Bathrooms

132 sq.m.

+ VAT

290 000

3 Bedrooms

3 Bathrooms

132 sq.m.

+ VAT

3 bedrooms Townhouse in Protaras, Ammochostos, Cyprus No. 40668

3 bedrooms Townhouse in Protaras, Ammochostos, Cyprus No. 40668

Features

Location

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Sea view

Sea view

Features

PVC double glazed windows

PVC double glazed windows

Balcony

Balcony

Air Conditioners

Air Conditioners

Tile flooring

Tile flooring

Marble flooring

Marble flooring

Wood flooring

Wood flooring

Outdoor features

Transport accessibility

Transport accessibility

Park

Park

Garden

Garden

Swimming pool

Swimming pool

Supermarket

Supermarket

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