3 bedrooms Villa in Agios Athanasios, Limassol, Cyprus No. 56528

Bedrooms

125 sq.m.

Square

€ 960 000

€ 7 680 / 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%

Parameters

Property Description

A modern single-storey house in a quiet, newly developing area of Limassol, offering comfortable and contemporary living with mountain views.

The property features spacious bedrooms, including an en-suite master bedroom, and is finished to a high standard with granite kitchen worktops and double-glazed windows. Solar panels, provisions for photovoltaics, electric heating, air conditioning and electric shutters in the bedrooms ensure energy efficiency and year-round comfort. A storage room and guest toilet add to the everyday practicality of the home.

A private swimming pool can be added as an option, making this an ideal choice for those seeking a relaxed lifestyle in a peaceful setting. The location offers close proximity to the highway and easy access to schools, parks, supermarkets, pharmacies and local shops, combining the tranquillity of a quiet neighbourhood with the convenience of city living.

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