3 bedrooms Villa in Paramytha, Limassol, Cyprus No. 51667

Bedrooms

Bathrooms

134 sq.m.

Square

€ 388 500

€ 2 899 / 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%

Parameters

Property Description

Nestled in the peaceful village of Paramytha, this contemporary residential development offers a refined take on modern family living. Clean architectural lines, quality finishes, and thoughtfully designed interiors come together to create homes that are as functional as they are elegant — a natural balance between style and everyday comfort.

Each detached house features three spacious bedrooms and three bathrooms, with bright open-plan living areas that bring in natural light and create a sense of generous space. The contemporary design flows seamlessly from interior to exterior, with private outdoor areas that invite relaxation and make the most of the Cyprus climate.

The quiet residential setting of Paramytha offers a calm retreat from the city while keeping residents well connected to Limassol's amenities, schools, and road network. These homes are equally well suited for families seeking space and tranquillity, and for investors looking for a sound long-term opportunity in a sought-after location.

The main features of the project and the units:

• Detached houses
• 3 bedrooms
• 3 bathrooms
• Bright open-plan living areas
• Private outdoor spaces
• Contemporary design with quality finishes
• Peaceful residential location in Paramytha, Limassol

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