€ 575 000

€ 4 137 / 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 Pano Platres, Limassol, Cyprus No. 55310

Bedrooms

Bathrooms

139 sq.m.

Square

Parameters

Property Description

For sale: A luxurious detached house in the serene village of Pano Platres, offering a peaceful lifestyle amidst nature. This under-construction property spans 139 sq.m. of internal space with an additional 13 sq.m. of covered verandas, all situated on a 310 sq.m. plot. Designed for comfort and elegance, it features 3 spacious bedrooms, 3 modern bathrooms, a fully equipped kitchen, and a cozy living room. Enjoy stunning mountain, nature, and panoramic views from every angle. Energy-efficient with an A-rated certificate, the home includes a closed parking space, storage, and a beautifully landscaped garden. An optional private swimming pool is available for an additional €40,000. Ideally located near parks, supermarkets, and cafes/restaurants, this home offers a perfect blend of luxury and convenience. Whether for permanent residence or a holiday retreat, this property is a rare opportunity in one of Cyprus’s most picturesque mountain villages.