+ 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%

2 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 19803

2

Bedrooms

90 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Getting permanent residence in Cyprus when buying a new building from 300 thousand euros for yourself and your family members is still real! We present a rare case: a new ready-made housing - you can apply for permanent residence and immediately move in, and not wait until it is built!

New ready-made villas with 2-3 bedrooms at the price of apartments with an area of 90-120 m2 with their own front gardens, a communal pool and a garden with a seating area and sea views. A great option for those who want to live here and now!

• Property type: townhouses and villas
• Number of bedrooms: 2-3
• Number of bathrooms: 2-3
• Area 90 - 120 m2
• Front garden 100-150 m2
• Parking
• Swimming pool
• Garage
• Sea view
• Shared garden
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Possibility of obtaining permanent residence

A charming residential complex combining modern elegance, Mediterranean design and high-end finishing materials.Surrounded by nature and located in a landscaped garden, the project consists of townhouses and villas with two and three bedrooms. Modern designs are available both in semi-detached, with a large communal pool, and in separate villas with the possibility of installing a private pool.

Privacy and relaxation are provided by the ideal atmosphere of family life. The architect skillfully combined modern architecture, interiors and Mediterranean lifestyle. The project uses a lot of natural light, which makes the rooms even more spacious. Each house opens onto an elegant terrace with a private garden and views of the pool or communal garden, an ideal place for outdoor dining. All villas have spacious balconies where you can enjoy the views and aromas of the surrounding gardens in peace.

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2 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 19803

2 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 19803

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