€ 650 000

€ 1 711 / 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%

7 bedrooms Villa in Akrounta, Limassol, Cyprus No. 55289

Bedrooms

Bathrooms

380 sq.m.

Square

Parameters

Property Description

This property listing outlines a fantastic opportunity for potential buyers to create their ideal home in a picturesque location. Key features of this detached house under construction include:
• Scenic Setting: Positioned on a generous plot with stunning views of the surrounding hills, perfect for those seeking a tranquil and beautiful environment.
• Building Permit: Comes with a 90% building factor, offering peace of mind and flexibility for customization.
• Construction Progress:
• First Floor: Interior walls have been divided and plastered, with electrical and water installations in place.
• Ground Floor: An open layout with no interior walls, allowing the new owner to design the space to their preferences.
This property provides an incredible chance to finish a dream home tailored to your tastes and needs, all within a serene and scenic backdrop.