3 bedrooms Villa in Agios Georgios, Limassol, Cyprus No. 56480

3

Bedrooms

127 sq.m.

Square

+ 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%

Parameters

Property Description

The project is set in a spectacular panoramic location offering sea views of one of the most beautiful and unspoiled areas of the island.

This luxury project consists of 9 villas with 3 bedrooms and a private pool each, located within a convenient 5-mins walking distance from the nearest beach.

The interior of each villa is organized into two levels.

On the ground floor, there is the main living area with large floor-to-ceiling windows, a well-equipped open space kitchen, and a welcoming dining area. The three bedrooms with en-suite bathrooms are spread on the ground and first floor. The en-suite dressing room and walk-in closet serve the modern needs for functionality and comfort.

The Project has EPC certificate with "B" Energy Efficiency Rating.

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