€ 1 350 000

€ 6 193 / 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 Pyla, Larnaka, Cyprus No. 44151

Bedrooms

218 sq.m.

Square

Parameters

Property Description

A project consisting of 3 modern detached villas located in a quiet area of Pyla, in walking distance to the beaches.

The villas are of three living levels, roof garden offers sea view.

Outside there is a huge garden area, verandas, BBQ area and a swimming pool (optional).

Main Features:

• 3 ensuite bedrooms
• Laundry room
• Large roof garden with BBQ area, extra room and WC
• Provision for underfloor heating
• Photovoltaic panels
• Provision to create a gym.

Asset is free of mortgage therefore title deeds are guaranteed.

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