+ 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 Erimi, Limassol, Cyprus No. 46360

4

Bedrooms

3

Bathrooms

168 sq.m.

Square

Parameters

Property Description

This contemporary residential development in Erimi, Limassol comprises seven three- and four-bedroom villas. The properties are located just minutes from the beach and offer a combination of modern design and spacious living. The collection includes three detached and four semi-detached homes, each with private gardens and open views.

The interiors feature open-plan layouts with high ceilings and large windows that allow plenty of natural light into the living and dining areas. The bedroom arrangements include a master bedroom and a second bedroom with en-suite bathrooms, while the remaining bedrooms share a family bathroom, providing flexible accommodation for residents and guests.

The outdoor areas include landscaped gardens and private garden spaces suitable for relaxation and leisure. Private swimming pools are available as an option. Each villa also offers a covered terrace with outdoor dining and barbecue areas. The location combines a quiet residential setting with convenient access to Limassol and nearby cultural and leisure attractions, including the beach, archaeological sites, and museums.

The main features of the project and the units:
• Seven three- and four-bedroom villas
• Three detached and four semi-detached homes
• Located minutes from the beach
• Private gardens and open views
• Open-plan layouts with high ceilings and large windows
• En-suite bathrooms in the master and second bedrooms
• Landscaped gardens
• Covered terraces with outdoor dining and barbecue areas
• Optional private swimming pools
• Covered parking
• Double glazed windows
• Pressurised water system
• Provision for air conditioning
• Provision for central heating
• Provision for photovoltaics
• Provision for solar energy system
• Title deeds

The project has an EPC certificate with “A” energy efficiency rating.

Features

Car park

Car park

Swimming pool

Swimming pool

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Features

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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