3 bedrooms Villa in Anglisides, Larnaka, Cyprus No. 56573

Bedrooms

Bathrooms

142 sq.m.

Square

€ 260 000

€ 1 831 / 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

This residential development consists of eight three-bedroom semi-detached villas located in the village of Agglisides, Larnaca. Each villa includes a private garden and offers the option to add a personal swimming pool. The project is situated close to the motorway, providing convenient access to Larnaca, Limassol, and Nicosia, while the beach is just a 10-minute drive away. The village offers essential amenities and preserves the authentic charm of Cypriot village life, making it suitable for both families and those seeking a quiet lifestyle.

The main features of the project and the units:

• Eight semi-detached villas
• Three bedrooms
• Private gardens
• Option to add a swimming pool
• Convenient access to Larnaca, Limassol, and Nicosia
• 10-minute drive to the beach
• Located in a traditional Cypriot village

The project has an EPC certificate with “A” energy efficiency rating.