+ 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 Ypsonas, Limassol, Cyprus No. 45587

3

Bedrooms

240 sq.m.

Square

Parameters

Property Description

This complex of villas consists of 45 villas and is only 15 minutes drive from the city center. It is adjacent to the seaside with 360° sea view, mountain and city view, large terrace,
private parking space and beautiful green landscape.

TURNKEY FINISHES:

• Quality ceramic tiles in living room, bathrooms and toilets
• Laminate flooring in bedrooms
• Double glazing aluminium window frames
• High quality entrance doors
• Provision for A/C split units in all rooms
• Sanitary wear, kitchen and wardrobes from European brands
• Countertops made of artificial granite

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

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