+ 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 Souni–Zanatzia, Limassol, Cyprus No. 50580

4

Bedrooms

142 sq.m.

Square

Parameters

Property Description

These 4 houses, consisting of 4 bedrooms and 2 bathrooms, will be located in a quiet area of Souni, a suburb in 15 minutes from Limassol. The houses will have two uncovered verandas on the upper floor. There will be an option for a private swimming pool as well as the covered parking and photovoltaic panels with inverter.

The price of the properties includes:

• Solar and electric water heating system
• Air conditioning in every room
• Paving around the house
• Ceramic tiles to all ground floors and bathrooms
• Top soil garden preparation
• Preparation for heating system with radiators (electrical)
• Provision for installation of photovoltaic panels.

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

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