€ 295 000

€ 1 475 / 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 Nicosia, Cyprus No. 47653

Bedrooms

200 sq.m.

Square

Parameters

Property Description

This modern residential development offers detached houses designed with contemporary architecture and spacious layouts. Each home provides comfortable living spaces suitable for families or individuals seeking a high-quality lifestyle. Residents will benefit from a private swimming pool, landscaped gardens, and secure parking. The project is ideally located with easy access to the city center, schools, shopping malls, and other essential services, combining convenience with a stylish and comfortable living environment.

The main features of the project and the units:
• Detached houses with modern architecture
• Spacious layouts suitable for families or individuals
• Private swimming pools
• Landscaped gardens
• Secure parking
• Prime location with easy access to city center, schools, and shopping malls

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