€ 660 000

€ 3 300 / sqm

+ 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%

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 19804

Bedrooms

200 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Private villa with 4 bedrooms in a few minutes walk from the sea for lifting money with the possibility of obtaining permanent residence for the owner and his family members in the prestigious suburb of Paphos - Chlorak: international school, supermarket, kindergartens, restaurants, shops - all within walking distance, the city center is a short drive away.

A complex of 10 modern villas with private roof gardens, parking and the possibility of building a swimming pool.

• Property type: Villa
• Number of bedrooms: 4
• Number of units: 3
• House size: 200 m2
• Garden area: 600-800 m2
• Roof garden
• Sea view
• Parking for 2 cars
• Swimming pool (optional)
• Energy efficiency class A
• Possibility of obtaining permanent residence
• Rental potential

Cost 660 - 675 thousand euros + VAT

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