€ 579 000

€ 4 077 / 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%

3 bedrooms Villa in Kato Platres, Limassol, Cyprus No. 44444

Bedrooms

142 sq.m.

Square

Parameters

Property Description

Platres has been a wonderfully popular mountain resort for decades. A favored bolt-hole for hikers and nature-lovers attracted by the lush and beautiful mountains, clean air and breathtaking views. In the summer the mountains are cooler, in the winter more precipitation occurs, achieving occasional snowfall and an opportunity to enjoy cozy fires.

The complex consists of six 2 floor villas with 3 or 4 bedrooms.

This development at Platres is situated in a very quiet area with the marvellous views of the mountains, forest and village.

The most beautiful natural waterfalls, hiking routes and Troodos ski resort are located nearby.

Just a few kilometres away are the famous ancient monasteries and churches, some of which are listed in the UNESCO World Heritage List.

All necessary facilities and amenities (shops, restaurants, etc.) are just a short drive away.

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