Detached Villa
3-bedroom detached villa in Famagusta
Pernera, Famagusta, Cyprus
EUR 650,000
net
with 19 % VAT: EUR 708,050
as a first home for your own use: EUR 659,050
5 % on the first 130 m² and the first EUR 350,000 Anything above that is charged at 19 %.
Only if all of this applies:
- You buy as a private individual, not as a company
- It is your first property in Cyprus
- You register it as your main residence
- You live in it yourself for ten years
- You do not let it — not through Airbnb or similar platforms either
- The application is filed before handover
No transfer fee applies — that only arises on a VAT-free purchase.
Indicative calculation based on the 2023 rules. Your tax adviser’s statement is what counts.
The images show the development, not this individual unit.