€ 1 200 000

€ 3 519 / 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%

4 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 55770

Bedrooms

Bathrooms

341 sq.m.

Square

Parameters

Property Description

A Truly exclusive development located on the hills of Pareklisia.
Great residential and quiet area just a few minutes drive to the St Raphael beach and in the heart of Pareklisia where you can find restaurants, shops, supermarkets and many more. The house offers a breathtaking view of the sea, stretching over the Limassol district, spacious living areas and carefully selected interior decorations.
Ideal for those looking for a valuable investment, for a quality vacation lifestyle and holiday rental asset.