+ 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 Chloraka, Paphos, Cyprus No. 26183

3

Bedrooms

3

Bathrooms

114 sq.m.

Square

Parameters

Property Description

This luxury project has been created to co-exist with its natural surroundings offering privacy, state-of-the-art amenities and a spacious open-air feel to its residents. Perfect proportions make an impeccable first impres- sion, while the design of each home is approached with an emphasis on quality and low energy construc- tion.Contemporary materials and colors are distinctively chosen to complement the beuty of this project.

Features

Veranda

Veranda

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 26183

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 26183

Features

Indoor facilities

Veranda

Veranda

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