€ 524 000

€ 3 970 / 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%

3 bedrooms Villa in Paralimni, Ammochostos, Cyprus No. 53816

Bedrooms

Bathrooms

132 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Detached house for sale in Paralimni, covering an area of 132 sq.m. on a 317 sq.m. plot. The property includes 3 bedrooms, 3 bathrooms, 1 kitchen, and 1 living room. It also features 1 parking space (closed). The house is under construction and has an energy certificate of class A. Located near the sea, it offers beautiful sea views and additional amenities such as storage space and a 38 sq.m. roof garden. It also includes 63 sq.m. of covered verandas, providing ample outdoor living space. Ideal for those seeking a modern home close to the coast.
Delivery date: DEC 2028