Total AreaiArea implies total area. Total area of residential and commercial immovable property comprises: inner areas, covered and open verandas, veranda on a roof, basement. It does not include: common areas (vestibule, elevator space an etc.), parking places, and a detached storeroom. Complete information related to areas of a specific property is available on the link "More"
PriceiVAT for а new immovable property in Cyprus comprises 19%. Provided that certain conditions are met you will be entitled to a reduced VAT rate of 5%. Detailed information is available on the page "VAT" (Main menu section "Buying property"). Resale property as well as a new property the building permit for which was obtained before May 1, 2004 is VAT exempt.