€ 283 000

€ 1 850 / 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. 47702

Bedrooms

153 sq.m.

Square

Parameters

Property Description

This residential project includes four 3-bedroom houses featuring side-by-side parking spaces and private yards. Each house is designed with modern architecture, underfloor electric heating, and a photovoltaic system. Built with high-quality materials, the project is located in a developing area surrounded by new residences.

The main features of the project and the units:

• Four 3-bedroom houses
• Side-by-side parking spaces
• Spacious private yards
• Underfloor electric heating
• Photovoltaic system
• Contemporary design
• High-quality materials
• Developing residential area

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