3 bedrooms Villa in Erimi, Limassol, Cyprus No. 58722

Bedrooms

160 sq.m.

Square

€ 490 000

€ 3 063 / 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

Two Modern Detached Houses in Erimi, Limassol.

A small development of two contemporary detached houses in the quiet village of Erimi, Limassol - offering privacy, generous plot sizes, and stylish modern architecture. Each house features clean, minimalist facades, private outdoor terraces, and covered parking, set within its own landscaped plot.

Well-proportioned layouts include multiple bedrooms, spacious living and dining areas, and a functional kitchen, catering to families seeking a peaceful, semi-rural setting with easy access to Limassol's amenities and coastline.

A great opportunity for buyers looking for a private, contemporary family home just outside the city.

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