€ 1 050 000

€ 4 565 / 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 Palodeia, Limassol, Cyprus No. 6032

Bedrooms

Bathrooms

230 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Located in Palodeia, In a quiet residential neighborhood this detached house consists of open plan living and dinning area. 5 bedrooms and 5 bathrooms It is semi furnished with all electrical appliances. and with a nice garden, swimming pool and barbecue area. It is only a short distance from local amentias. And has quick and easy access to the highway.