+ 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%

2 bedrooms Villa in Moni, Limassol, Cyprus No. 46155

2

Bedrooms

109 sq.m.

Square

Parameters

Property Description

Villas offer panoramic sea views and communal facilities, built in consideration with Feng Shui elements and provisions to accommodate optional features such as Jacuzzi, swimming pool, exterior barbeque area. The project is currently under construction, although part of the project is almost complete and some of the premises already finished. The area is quiet and has beautiful views, the houses have spacious gardens, beautiful surrounding scenery, fast access to the capital and airport and 12- 15 minutes’ drive to the city center of Limassol. It is the ideal place for anyone who wishes to live away from the noise and traffic but also close to all sort of amenities and schools, as well as a 5min drive to some of the islands most spectacular beaches.

Swimming pool and extras can be added at an additional cost.

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

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