€ 790 000

€ 4 051 / 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%

3 bedrooms Villa in Dali, Nicosia, Cyprus No. 47385

Bedrooms

195 sq.m.

Square

Parameters

Property Description

This contemporary villa, set in serene Carolina Park just 5 km from Nicosia, blends glass, steel, wood and concrete to create a refined modern home. Generous glazing fills the interiors with natural light while broad overhangs control heat from the Cyprus sun. Thoughtful orientation maximizes views of the garden and the surrounding green area, and open-plan living and dining spaces emphasize flow and functionality.

The main features:
•Three bedrooms
•Modern design
•Open-plan living and dining spaces
•Underfloor heating with heating pump
•Air conditioning units
•Extensive glazing with broad overhangs to limit heat gain
•Views of garden and green area
•Located in Carolina Park, 5 km from Nicosia

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