€ 2 963 100

€ 10 507 / 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 Limassol, Cyprus No. 44585

Bedrooms

282 sq.m.

Square

Parameters

Property Description

This resort type complex consisting of block of apartments and 81 villas is located at the sea front in Pyrgos, Limassol. The apartments will feature from 1 to 5 bedrooms and the villas will have at least 4 bedrooms. The development will have such facilities as:

• Club House
• Gym and Spa
• Cigar Club
• Private Cinema
• Tennis Court
• Indoor and Outdoor swimming pools
• Mini Golf
• Amphitheatre
• Botanical Gardens
• Yacht Club
• Super Car Club

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