€ 944 000

€ 4 271 / 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 Coral Bay, Pegeia, Paphos, Cyprus No. 25791

Bedrooms

Bathrooms

221 sq.m.

Square

Parameters

Property Description

Coral Bay is a beautiful resort situated just 12 km from Paphos town and is renowned for its superb sandy beaches. The Beach Villas are located within the privileged area of Coral Bay just a short walk from the Thalassa Boutique Hotel & Spa and the five star Coral Beach Hotel. These individually designed 3, 4, and 5 bedroom exclusive villas, although close to the sandy beach have private swimming pools, large verandahs and sun terraces with spectacular views of theMediterranean.Within the estate there are also plots of land forsale with permission to build houses. All the necessary services are provided including wideasphalted roads, electricity, water, lighting and drainage. The area is one of the most exclusive real estate areas in Cyprus and is set on the edge of thebest beach in Paphos.

Features

Veranda