€ 6 450 000

€ 7 771 / 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%

5 bedrooms Villa in Agios Tychonas, Limassol, Cyprus No. 5996

Bedrooms

Bathrooms

830 sq.m.

Square

Parameters

Property Description

Established area, well-known for luxurious properties, situated on the hills in private plots providing privacy, and with the use of lighting installations the property shows off well-organized architecture. Open layout rooms, are highly functional based on attention to detail, as the materials combined with the whole idea blend in naturally. Three levels, with access to the terrace and with panoramic views of the area from all rooms.