+ 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%

6 bedrooms Villa in Armenochori, Limassol, Cyprus No. 44375

6

Bedrooms

205 sq.m.

Square

Parameters

Property Description

This complex of villas is a sea view development and will feature 14 elegant homes with modern interiors. The buyer can choose from small semidetached 2+ bedroom houses to huge luxurious 5 bedroom villas with the unique views.

The features include:

• Lush landscaped areas
• Large shaded garden with stone paths
• Courtyards
• Fully equipped outdoor gym
• Swimming pools
• Tennis court
• Kids playground
• Sea view

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

Features

Private pool

Private pool

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Features

Features

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Private pool

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