€ 5 520 000

€ 6 943 / 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%

5 bedrooms Villa in Pervolia, Larnaka, Cyprus No. 46051

Bedrooms

Bathrooms

795 sq.m.

Square

Parameters

Property Description

The development is located on the east coast of Cyprus, conveniently situated only 10 minutes from the islands main International Airport and 15 minutes from Larnaka city centre offering culture, entertainment, restaurants and shopping. The villas boast extremely spacious 5, 6 and 7 bedroom family homes, offering extensive living areas from 676m² to 1703m². Each villa is well laid out for personal living and entertainment, but perhaps the best thing of all are their large landscaped gardens with magnificent private swimming pools. The villas are built on individual plots, ranging from 1,082m² to 3,492m², ensuring the utmost in space and harmony. A rare opportunity to secure some of Larnaka’s remaining prime real estate in an exceptional development located in Pervolia.

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