+ 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 Limassol, Cyprus No. 47608

3

Bedrooms

292 sq.m.

Square

Parameters

Property Description

This boutique development consists of five uniquely designed detached villas located in the heart of Limassol’s Potamos Germasogeia tourist area. The residences offer serenity and privacy within walking distance of the sea, while also providing quick access to the highway and key city amenities. Each villa features bright and spacious interiors extending onto generous verandas, with private pools, landscaped gardens, and refined modern finishes. The layouts include three to four bedrooms, double parking spaces, and a private lift for effortless movement across all three levels.

The main features of the project and the units:
• Five detached villas in Potamos Germasogeia, Limassol
• Private pools and landscaped gardens
• Flexible 3–4 bedroom layouts
• Private lift in every villa
• Double parking spaces (one covered, one uncovered)
• Bright interiors with large verandas
• Within walking distance of the sea and key amenities

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

Features

Private pool

Private pool

Car park

Car park

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

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Features

Features

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Private pool

Outdoor features

Car park

Car park

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