+ 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 Paramytha, Limassol, Cyprus No. 55841

3

Bedrooms

3

Bathrooms

145 sq.m.

Square

Parameters

Property Description

new residential project located in the peaceful area of Paramytha, offering a collection of 6 luxury duplex houses designed for comfort and modern living.
Each home features 3 spacious bedrooms, an open-plan kitchen and living area, covered parking, and large private gardens — ideal for families seeking space, style, and serenity.
Photovoltaic systems included in every house, ensuring energy efficiency and long-term savings.

Features

City view

City view

Solar panel for water heating

Solar panel for water heating

Off-plan development

Off-plan development

Private parking

Private parking

Garden

Garden

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+ VAT

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3 bedrooms Villa in Paramytha, Limassol, Cyprus No. 55841

3 bedrooms Villa in Paramytha, Limassol, Cyprus No. 55841

Features

Location

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

Off-plan development

Off-plan development

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

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