🇨🇾 Cyprus. 5% VAT incentive valid until June 2026
Until June 15, 2026, Cyprus maintains the current reduced VAT regime: 5% VAT applies to the first 200 sq.m of residential property, with no price limit on the property.
After this date, the conditions will become significantly stricter:
• 5% will apply only to the first 130 sq.m
• property price – up to €350,000
• total transaction value – up to €475,000
• total area – up to 190 sq.m
▶️ Get consultation
If the property exceeds 190 sq.m – VAT is 19%.
For properties 131–190 sq.m, the area exceeding 130 sq.m will also be taxed at 19%.
This makes projects that can still be purchased under the current rules particularly relevant.
For example, a project near Limassol Marina, opposite a professional 18-hole golf course.
Project advantages:
▪️ The only residential district in Limassol with its own golf course
▪️ 5 minutes to the beach and 10 minutes to the marina
▪️ Resort-level amenities: spa, swimming pools, gym, restaurants
⚡️ Apartments from €550,000 | townhouses from €1,080,000 | villas from €1,660,000
Instalment plan until completion, 30% down payment
Price growth: ~15% during construction
Rental yield: 4–6% p.a.
Completion: Q2 2028
➡️ Leave a request via the link – we will calculate the deal structure considering the reduced VAT conditions
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