+ 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 Parekklisia, Limassol, Cyprus No. 53489

3

Bedrooms

3

Bathrooms

148 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 3-Bedroom Detached Home in Parekklisia
Discover this stunning off-plan detached home in an exclusive development of just 9 contemporary residences in the peaceful village of Parekklisia. With construction having started only 2 months ago, this is an excellent opportunity to secure a brand-new home in a boutique community.
Set on a generous 435 m² plot, the property offers 148 m² of stylish living space, featuring 3 spacious bedrooms, including a master suite, 3 bathrooms, a bright open-plan kitchen and living area, and an additional office room, ideal for remote working or a study.
Designed with modern living in mind, the home boasts Energy Efficiency Class A, thermal and sound insulation, double-glazed aluminium windows, solar water heating, smart home features, electric shutters, CCTV, and a high-security entrance.
The outdoor area includes a private garden, BBQ space, covered parking, and beautiful open views of the surrounding mountains and countryside. For those seeking an extra touch of luxury, a private swimming pool can be added upon request.
Located in a quiet and family-friendly neighbourhood, this home perfectly combines comfort, privacy, and contemporary design, making it an excellent choice for both permanent living and investment.
P

Features

Mountain view

Mountain view

Smart Home system

Smart Home system

Electric shutters

Electric shutters

Barbecue area

Barbecue area

Garden

Garden

Similar Property

560 000

3 Bedrooms

148 sq.m.

+ VAT

560 000

3 Bedrooms

148 sq.m.

+ VAT

560 000

3 Bedrooms

148 sq.m.

+ VAT

560 000

3 Bedrooms

148 sq.m.

+ VAT

3 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 53489

3 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 53489

Features

Location

Mountain view

Mountain view

Features

Smart Home system

Smart Home system

Electric shutters

Electric shutters

Outdoor features

Barbecue area

Barbecue area

Garden

Garden

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