3 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 57836

Bedrooms

Bathrooms

183 sq.m.

Square

€ 690 000

€ 3 770 / 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

Luxury 3-Bedroom Villa with Sea Views | Parekklisia
A stunning off-plan 3-bedroom villa in the prestigious area of Parekklisia, offering 183 m² of internal space with breathtaking double-sided sea views and the flexibility to customize the interiors and basement to suit your lifestyle.
Key Features:
3 bedrooms, including en-suite master
123 m² main living area + 60 m² basement
Spacious 50 m² open-plan kitchen & living area
Private swimming pool
Garage / flexible basement space
Nolte German kitchen & wardrobes
LG A/C units
Electric underfloor heating
Photovoltaic system
Premium thermal insulation and Italian ceramic tiles
Delivery: Approx. 9 working months | Construction already started