3 bedrooms Villa in Pervolia, Larnaka, Cyprus No. 52753

Bedrooms

140 sq.m.

Square

€ 620 000

€ 4 429 / 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

The development is located in Pervolia, with only a 10-minute drive to Larnaca city center and 3km away from Kiti.

These 2 level villas consist of 3 bedrooms with terraces overlooking the sea on very large plots of lands. Landscaped gardens offer ample room for private swimming pools and barbeque areas. Each villa is also equipped with cameras and alarm systems. The traditional styles, fixtures and finishes have been carefully selected. The contemporary and functional design of the residences will offer the future homeowners all comforts to be able to enjoy their homes in a tranquil setting.

The design is light, sun terraces and balconies are spacious in order to enjoy indoor and outdoor living. The ideal investment for year-round enjoyment.

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