€ 570 000

€ 3 314 / 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 Parekklisia, Limassol, Cyprus No. 48289

Bedrooms

Bathrooms

172 sq.m.

Square

Parameters

ID

48289
City

Cyprus
Type

Villa
Status

Off-plan
Veranda type

Open and covered
Bedrooms

3

Total floors

3
Bathrooms

3
Square

172 sq.m.
Land area

417 sq.m.
Veranda area

75 sq.m.
Completed

No

Property Description

Located in the growing residential area of Parekklisia, Limassol, this fully completed villa is part of a hillside complex comprising 17 residences. The area offers a balance between peaceful natural surroundings and easy access to urban amenities, with Limassol just minutes away by car. Within walking distance are shops, cafes, medical and sports facilities, as well as Blue Flag-certified beaches such as Parekklisia and St. Raphael.

The complex is situated on one of the highest points in the area, offering unobstructed panoramic views of the Mediterranean Sea and the mountains. Its elevated position allows for natural ventilation and a sense of privacy, as the site is physically separated from nearby plots.

Each villa in the complex is individually designed within a unified architectural concept. Plots are thoughtfully laid out to include green zones, a swimming pool, and a spacious terrace. Roads within the development are private cul-de-sacs, used exclusively by residents, which supports both safety and quiet living.

All essential infrastructure has been completed, including underground utilities, paved roads and sidewalks, stormwater systems, street lighting, and fire safety measures. The construction of the home prioritizes structural integrity, utilizing tunnel formwork for reinforced seismic resistance. Walls are built with brick, and the soil beneath the structure has been reinforced with injection grouting to enhance long-term stability.

The villa is certified with an "A" class energy efficiency rating. It features optimal building orientation, energy-conscious architecture, and modern insulation technologies. High-quality materials are used throughout, including glass and marble fencing, tiled yard surfaces, and dedicated covered parking.

The main features of the project and the units:

• Located in Parekklisia, Limassol
• Complex of 17 villas on a hillside plot
• Panoramic sea and mountain views
• Blue Flag beaches nearby
• Fully completed infrastructure: roads, drainage, lighting
• Private cul-de-sac roads for resident use only
• Individually designed villa on a private plot
• Swimming pool and spacious terrace
• Glass and marble fencing within the yard
• Brick construction and reinforced foundation
• Covered parking included
• Green landscaping included in the plot plan

Energy Efficiency Certificate: Class A