+ 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 Germasogeia, Limassol, Cyprus No. 44978

5

Bedrooms

6

Bathrooms

550 sq.m.

Square

Parameters

Property Description

The villa is located in Kefalokremmos, a popular area near Germasogeia. It will have the mountain view in the north and the sea view in the south. The neighbourhood is quiet and also close to the city center.

Main features:

• Gym
• Indoor swimming pool
• Massage area
• Sauna/steam bath
• Storage
• Wellness and lounge area
• Changing room/bathroom
• Maid’s bedroom/ en suite
• Utility room/ laundry
• Lift
• Office

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

Features

Private pool

Private pool

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+ VAT

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Features

Features

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Private pool

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