3 bedrooms Villa in Palodeia, Limassol, Cyprus No. 53304

3

Bedrooms

3

Bathrooms

140 sq.m.

Square

+ 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

A collection of sixteen detached three-bedroom houses in Palodia, a sought-after residential area on the northern edge of Limassol, within a five-minute drive of the city. Each home is built on its own private plot of around 312 to 320 m² and offers a living area of 125 to 140 m², complemented by both covered and uncovered verandas that extend everyday living into the open air. Every house provides three bedrooms, three bathrooms and a private parking space, making the development well suited to families seeking comfort, privacy and a green setting close to the amenities of Limassol.

The main features of the project and the units:

• 16 detached three-bedroom houses
• Living area from 125 to 140 m²
• Private plots from 312 to 320 m²
• 3 bathrooms per house
• Covered and uncovered verandas
• Private parking space

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

Features

Car park

Car park

Similar Property

530 000

3 Bedrooms

3 Bathrooms

140 sq.m.

+ VAT

530 000

3 Bedrooms

3 Bathrooms

140 sq.m.

+ VAT

530 000

3 Bedrooms

3 Bathrooms

140 sq.m.

+ VAT

530 000

3 Bedrooms

3 Bathrooms

140 sq.m.

+ VAT

Features

Outdoor features

Car park

Car park

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