+ 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%

3 bedrooms Villa in Akrounta, Limassol, Cyprus No. 53428

3

Bedrooms

3

Bathrooms

141 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

A modern detached house for sale in Akrounta, offering 141 sq.m. of covered area on a 271 sq.m. plot. Currently under construction, the property is thoughtfully designed and features three comfortable bedrooms, two bathrooms, and an additional guest WC. The layout includes a bright living room and a well-planned kitchen, connected via an internal staircase. Heating is provided by electricity, with air conditioning installed, double-glazed windows, tiled floors, and an excellent energy efficiency rating of A. Additional features include a closed parking space, storage room, security alarm system, and internet provision. The house enjoys a lovely mountain view, is adjacent to a green area, and is conveniently located near a park with easy access to the highway—ideal for modern family living.

Features

Mountain view

Mountain view

Alarm system

Alarm system

Internet

Internet

Private parking

Private parking

Park

Park

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3 bedrooms Villa in Akrounta, Limassol, Cyprus No. 53428

3 bedrooms Villa in Akrounta, Limassol, Cyprus No. 53428

Features

Location

Mountain view

Mountain view

Features

Alarm system

Alarm system

Internet

Internet

Indoor facilities

Private parking

Private parking

Outdoor features

Park

Park

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