3 bedrooms Villa in Agios Tychonas, Limassol, Cyprus No. 53196

Bedrooms

178 sq.m.

Square

€ 1 880 000

€ 10 562 / 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

Luxury living in one of Limassol’s most prestigious locations, Agios Tychonas.

A collection of modern 3-bedroom villas currently under construction, designed for comfort, privacy and contemporary living. Spacious plots, options for a private swimming pool and basement, modern architecture and quality finishes are just a few features to mention.

Villas offer a complete package that includes furniture and electrical appliances.

The location offers close distance to all the amenities and only 10 minutes drive to the beach.

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