€ 3 600 000

€ 6 545 / 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. 6420

Bedrooms

Bathrooms

550 sq.m.

Square

Parameters

Property Description

Luxury ultra-modern villas in a prestigious area of Limassol. Situated on the hillside, close to the seafront with beautiful sea views.
The development is off-plan and consists of 4 individual superb villas with magnificent views of the Mediterranean Sea.
Excellent property choice and investment opportunity for those who are looking for ideal own house, as per this stage, the choice of specifications and even changes in the architecture are possible.