€ 2 100 000

€ 4 312 / 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%

5 bedrooms Villa in Limassol, Cyprus No. 40985

Bedrooms

487 sq.m.

Square

Parameters

Property Description

The development enjoys unobstructed views of Limassol. The contemporary and functional design of the residences will offer the future homeowners all comforts to be able to enjoy their homes in a tranquil setting.

These villas come with their own private swimming pool, large indoor and outdoor spaces, covered verandas and the majority have basements. Materials such as concrete, local stone and wood have been used in the design of the houses.

The proximity to the city centre, to nearby public and private schools, to healthcare units, and to the highway connecting all cities is one of the major advantages of this complex.

The Project has EPC certificate with "A" Energy Efficiency Rating.