+ 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 Kiti, Larnaka, Cyprus No. 46830

3

Bedrooms

2

Bathrooms

125 sq.m.

Square

Parameters

Property Description

These contemporary detached houses offer a practical layout and a comfortable living environment, making them suitable for both families and individuals seeking a well-designed home. Each residence provides 125 m² of internal living space arranged to maximise functionality, along with a 360 m² private plot that allows for outdoor leisure and future landscaping possibilities.

The homes include three bedrooms and two bathrooms, offering a balanced and efficient use of space. The covered parking area adds everyday convenience, while the triple-glazed windows enhance comfort by improving insulation and reducing exterior noise. With a focus on modern living standards, these houses present a solid residential option in a calm and welcoming neighbourhood.

The main features of the project and the units:
• Detached houses
• Internal area 125 m²
• Plot size 360 m²
• Three bedrooms
• Two bathrooms
• Covered parking
• Triple glazing

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

Features

Car park

Car park

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340 000

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125 sq.m.

+ VAT

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IV quarter, 2007

125 sq.m.

400 000

3 Bedrooms

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430 000

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Features

Outdoor features

Car park

Car park

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