€ 6 400 000

€ 7 711 / 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. 42892

Bedrooms

830 sq.m.

Square

Parameters

Property Description

These luxury, modern design villas are located in Limassol, 5 km from the beach, in the area of Mesa Geitonia. The villas will be built on spacious plots, will have a private swimming pool and covered parking spaces.

The villas will additionally have maid’s room, playroom, cinema, gym, wine cellar.

Other specifications of the villas:

• Hidden A/C systems in the kitchen and living room
• Electrical underfloor heating
• Security cameras and an alarm system
• Electric gates
• BBQ area

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