€ 410 000

€ 1 640 / 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%

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 19805

Bedrooms

250 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Welcome to the new exquisite villa complex located in the popular area of Geroskipou, Paphos. Each of the 15 presented houses is located on its own plot of 300-1300 m2 and offers a perfect combination of traditional and modern architecture. Each villa has its own garden and the possibility of installing a swimming pool.The infrastructure is in the immediate vicinity, and local restaurants, bars and shops are just a few steps away. Enjoy easy access to supermarkets, international schools and highways, ensuring a relaxed lifestyle. Not to mention the fact that the famous blue flag beach is only a 3-minute drive from the project.

Appreciate the elegance and thoughtful design of our villas, which boast Italian or Spanish-made floors, fully insulated properties, energy-efficient slim line aluminum elements and a water pressure system. Inside you will find a built-in kitchen with corian countertops, built-in wardrobes, underfloor heating and VRV cooling for optimal comfort. The bathrooms have showers and wall-mounted toilets, and an alarm system guarantees your peace of mind. To top it all off, the equipped barbecue area with a marble bench is an ideal place for outdoor entertainment.

The complex is currently under construction, which is scheduled to be completed by July 2024. Do not miss your opportunity to purchase a luxury villa in this exclusive complex. There are only 2 villas left for sale!

• Property type: Villa
• Number of bedrooms: 3
• Villa area 250 m2
• Garden area: 350 m2
• Planned completion July 2024
• Floors of Italian or Spanish production
• Fully insulated object
• Energy saving class A
• Water pressure system
• Built-in kitchen with corian
• Built-in wardrobes in the bedrooms
• Underfloor heating
• VRV for cooling
• Bathroom with shower
• Wall-mounted toilet bowls
• Emergency system
• Completed barbecue area with marble bench
• Covered parking is provided
• Furniture and a swimming pool are available for an additional fee
• Possibility of obtaining permanent residence
• High rental potential
• High liquidity in the future