€ 395 000

€ 2 394 / 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 Erimi, Limassol, Cyprus No. 49822

Bedrooms

165 sq.m.

Square

Parameters

Property Description

A complex of spacious four-bedroom houses in the area of Erimi, Limassol, just a few minutes drive from the sea. The houses will consist of two levels.

The houses will be built with high-quality materials for durability and impeccable appearance. The heat-insulating facade, heat-insulated doors and windows ensure high energy efficiency and reduce utility costs.

Each house will enjoy a covered parking for the car.

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