€ 500 000

€ 3 268 / 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 Trachoni, Limassol, Cyprus No. 49633

Bedrooms

153 sq.m.

Square

Parameters

Property Description

This project consists of 30 detached villas in the Trachoni area of Limassol, a fast-developing area of the city.

At the first stage, it will consist of 4 villas of 3 and 4 bedrooms. The design of the villas combines Mediterranean style and traditional Cypriot architecture with contemporary elements, providing a unique sense of taste, quality, and style.

Located in an area surrounded by orange and lemon gardens, 4-minute drive from Limassol Mall and the country's only casino project under development, 1-minute drive from a private English school, and 8-minute drive from Limassol Marina.

The Project has EPC certificate with "B" Energy Efficiency Rating.