€ 1 500 000

€ 6 224 / 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%

5 bedrooms Villa in Geri, Nicosia, Cyprus No. 51835

Bedrooms

Bathrooms

241 sq.m.

Square

Parameters

Property Description

The residence is situated in a prime, newly developed area of Geri, south of Nicosia, offering an idyllic setting for those seeking the tranquility of a suburban neighborhood without distancing themselves from the city’s vibrant pulse. The location is strategically positioned less than a kilometer from the Athalassa National Forest Park, providing direct access to the capital’s largest green lung. Furthermore, the area ensures seamless connectivity with rapid access to the motorway and key landmarks such as the Nicosia General Hospital, the Mall of Cyprus, and the University of Cyprus. Its proximity to the neighboring suburb of Latsia places all essential amenities within arm's reach, making this the ultimate location for modern families.

This exceptional residential project stands as the epitome of contemporary architectural design, harmoniously blending luxury with "green" building technologies. Conceived to satisfy the most discerning aesthetic tastes and highest living standards, the project integrates advanced energy-saving systems and smart-home technologies into its core philosophy. Its strategic placement grants residents the privilege of living adjacent to lush green spaces, fostering an environment of absolute privacy and serenity.

This exquisite 4+1 bedroom villa is set upon an expansive plot, offering an impressive fusion of comfort and technological superiority. The ground floor features a spacious, open-plan layout with floor-to-ceiling windows that provide an unobstructed vista of the garden, complemented by a versatile room ideal for a home office or guest suite. Boasting an Energy Class A rating, the residence includes premium features in its price, such as a fully installed underfloor central heating system with heat pump, a 6 KW photovoltaic system, a comprehensive Home Automation system, electric shutters, and sophisticated Travertino and HPL cladding.
✨ With an emphasis on energy excellence and smart-ready infrastructure, this property is more than just a home; it is a complete proposal for environmentally conscious living that aligns perfectly with the standards of modern luxury.