€ 810 000

€ 3 522 / 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%

4 bedrooms Villa in Dali, Nicosia, Cyprus No. 47381

Bedrooms

230 sq.m.

Square

Parameters

Property Description

This luxury villa, located on the outskirts of Nicosia in the peaceful Carolina Park area, combines a unique design with the highest-quality materials to create a refined family home. The residence features open-plan interiors with two living rooms, four bedrooms, a separate personnel bedroom, and spacious parking for two cars. Floor-to-ceiling glass doors open onto a covered terrace surrounded by water and greenery, offering unobstructed views of the garden and private swimming pool.

The main features of the project and the units:
•Unique contemporary design
•Open-plan living and dining areas
•Two living rooms
•Four bedrooms plus personnel bedroom
•Private swimming pool and covered terrace
•Floor-to-ceiling glazing with garden and pool views
•Underfloor heating with heat pump
•Air conditioning in all bedrooms and living areas
•Electric shutters on all bedroom windows
•Videophone access control
•Provision for electric car charger
•Parking for two cars
•5% VAT for permanent residence

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