+ 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 Latsia, Nicosia, Cyprus No. 47519

3

Bedrooms

161 sq.m.

Square

Parameters

Property Description

This residential project in Latsia offers modern 3- and 4-bedroom villas designed for comfort and contemporary living. Each villa features interiors up to 181 m², large covered and open terraces, and private gardens up to 95 m². Additional amenities include two parking spaces and a storage room. The development is located in a quiet neighborhood with easy access to the highway, schools, services, and shopping centers, making it an ideal choice for families or investors seeking a balance of privacy and convenience.

The main features of the project and the units:
•3- and 4-bedroom villas
•Interior areas up to 181 m²
•Large covered and open terraces
•Private gardens up to 95 m²
•Two parking spaces and storage room
•Ensuite bathrooms and guest W/C
•Located in Latsia, Nicosia, near schools, services, and main roads

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

Features

Storage room

Storage room

Car park

Car park

Similar Property

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+ VAT

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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