+ 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%

4 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 55684

4

Bedrooms

3

Bathrooms

278 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

This newly developed project is located in a quiet residential area of Parekklisia with breathtaking views of the sea and mountains, only a five-minute drive away from the sea and all amenities. The property is set on a picturesque hill opposite a five-star hotel situated next to the beach. All villas are powered with contemporary technology. Each villa boasts a modern layout made with top-end materials, vast bedrooms, private swimming pools equipped with magnesium cleaning systems, underground parking with storage and maid rooms. The property is quiet and peaceful, while being in proximity to the city, making it an ideal location for experiencing a Mediterranean lifestyle.

Features

City view

City view

Beautiful view

Beautiful view

New project

New project

Private parking

Private parking

Swimming pool

Swimming pool

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278 sq.m.

+ VAT

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4 Bedrooms

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+ VAT

4 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 55684

4 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 55684

Features

Location

City view

City view

Beautiful view

Beautiful view

Features

New project

New project

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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