€ 1 685 000

€ 4 469 / 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%

4 bedrooms Villa in Germasogeia, Limassol, Cyprus No. 41110

Bedrooms

377 sq.m.

Square

Parameters

Property Description

A boutique project situated in the area of Paniotis within the Germasogeia municipal district of Limassol. It comprises two 4-bedroom, semi-detached villas.

The villas offer a number of opulent features such as a garden with pool, roof garden, four ensuite bedrooms and a covered parking.

The development was designed having in mind the optimum use of areas, state of the art facilities, focus on sea and city views and a supreme level of aesthetics and detail.

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