+ 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%

5 rooms Building in Pomos, Paphos, Cyprus No. 26130

5

Bedrooms

12

Bathrooms

720 sq.m.

Square

Parameters

Property Description

Unique project for sale, located in lovely area of Polis, Pomos. The complex consist of 12 Units witch is 1 bedroom Apartment each, also huge swimming pool, green areas, playground, tennis court and park. The location offers you amazing sea views from all the levels, for the reason that the area combines harmoniously mountain with sea. The complex is situated exactly near the beach, walking distance to the sea is 50m.All the Apartments is 1 bedroom with 60 sq. meters covered area and 20 sq. meters covered veranda. For the Apartments there is a proposal from a company that undertakes their full management, maintenance, payment of all expenses, payment of 500 € per month to the owner.

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

5 rooms Building in Pomos, Paphos, Cyprus No. 26130

5 rooms Building in Pomos, Paphos, Cyprus No. 26130

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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