+ 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%

2 bedrooms Villa in Agios Tychonas, Limassol, Cyprus No. 47797

2

Bedrooms

164 sq.m.

Square

Parameters

Property Description

A limited collection of 20 villas set on the prestigious hillside of Agios Tychonas in Limassol. Each home is designed for Mediterranean living, combining clean contemporary architecture with natural finishes, spacious outdoor areas, and a seamless indoor-outdoor flow. The result is a private and comfortable residence in one of the most desirable locations of the city.

Situated in a quiet elevated neighborhood, the project provides quick access to the seafront, luxury hotels, fine dining, private schools, and the highway. Residents benefit from both the convenience of urban life and the calm of coastal living.

The main features of the project and the units:

• 20 villas
• Contemporary architecture with natural finishes
• Spacious outdoor areas
• Seamless indoor-outdoor flow
• Quiet hillside location in Agios Tychonas
• Close to seafront, hotels, restaurants, and private schools

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

Features

Private pool

Private pool

Car park

Car park

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