+ 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 Paphos, Cyprus No. 26063

3

Bedrooms

3

Bathrooms

134 sq.m.

Square

Parameters

Property Description

Luxury new Villa located in the heart of the tourist area of Kato Pafos, second line from the sea, 50 meters from the beach and walking distance to all facilities and amenities like Kings Avenue Mall and 5 star Elysium hotel. A unique residential development comprising of luxurious 3 bathrooms and 3 bedrooms. The contemporary designed villa are constructed using the highest finishes and specifications.• Villa designed and styled in a modern and creative way.• Is fully furnished and equipped.• Included in the price: under floor heating concealed air-conditioning system private pool BBQ

Features

Fully furnished

Veranda

Veranda

Car park

Car park

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

3 bedrooms Villa in Paphos, Cyprus No. 26063

3 bedrooms Villa in Paphos, Cyprus No. 26063

Features

Features

Fully furnished

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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