Costas Court

First time buyers who purchase a property for permanent residence or as a holiday home for their own use are entitled to a lower VAT Rate of 5% subject to the approval of the Cyprus VAT office. Otherwise, the standard rate of VAT in Cyprus is 19%. WITH THE COMPLETION OF EXCAVATION WORKS OF THE SPECIFIC PROJECT WITH THE COMPLETION OF FRAMEWORK OF THE SPECIFIC APARTMENT WITH THE COMPLETION OF BRICKWORK OF THE SPECIFIC APARTMENT WITH THE COMPLETION OF FLOOR TILING OF THE SPECIFIC APARTMENT