€ 2 700 000

€ 8 232 / 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 Mesa Geitonia, Limassol, Cyprus No. 55828

Bedrooms

Bathrooms

328 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

This modern, and luxurious 4-bedroom, 5-bathroom villa is located in the beautiful and residential suburbs of Panthea, providing stunning city and sea views. This impressive property is built on plot of 558 m² with internal areas of 328 m², complemented by a spacious covered veranda of 120 m² and additional uncovered verandas of 135 m². The villa is equipped with VRV air-conditioning in all rooms and also features underfloor heating. A photovoltaic system has also been installed, contributing to reduced energy bills and utmost comfort throughout the year. A 3 car capacity garage can also be enjoyed at this property, along with a private pool, and a roof garden with a BBQ zone. Other outstanding features include an extra kitchenette, internal elevator, landscaped gardens and patios, large storage areas, all designed to enhance one’s living experience. This is undoubtedly an excellent property, offering close proximity to the city while living amongst natural beauty and openness.