+ 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 Palodeia, Limassol, Cyprus No. 55974

3

Bedrooms

3

Bathrooms

140 sq.m.

Square

Parameters

Property Description

This 3 bedroom house offers breath taking, unobstructed views of the surrounding nature and mountains. The ground floor features spacious main living areas, including a large living room, dining area, and kitchen, along with a guest WC and a double parking area.
The first floor is dedicated to the private quarters, comprising a master bedroom and two children’s bedrooms. The master suite includes an ensuite bathroom and a walk-in wardrobe, while the children’s rooms share a well-appointed bathroom. A dedicated laundry area is conveniently located in the common space outside the bedrooms. Both children’s bedrooms also have direct access to the covered terrace.

Features

Beautiful view

Beautiful view

New project

New project

Private parking

Private parking

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3 bedrooms Villa in Palodeia, Limassol, Cyprus No. 55974

3 bedrooms Villa in Palodeia, Limassol, Cyprus No. 55974

Features

Location

Beautiful view

Beautiful view

Features

New project

New project

Indoor facilities

Private parking

Private parking

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