+ 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 bedrooms Villa in Kato Paphos, Paphos, Cyprus No. 26186

5

Bedrooms

5

Bathrooms

357 sq.m.

Square

Parameters

Property Description

This project is located on the Coastal Plain of Paphos in Cyprus, incorporating both Beach and Town location with breathtaking unobstructed sea views of the Mediterranean’s splendor.This group of 7 Luxury Residences are designed over three levels to provide ample space for all your family activities.The ground floor is a wide open-plan space that accommodates the kitchen, dining, and living areas. The streamlined layout provides a separate pantry to the kitchen to make organization and storage even easier. The sliding glass doors open onto the ground floor veranda, providing a convenient outdoor space at every level. The veranda connects directly to the pool and garden area below.Three large bedrooms are provided at first floor level. Each is provided with its own en-suite for optimal privacy. The master bedroom benefits from the additional storage space of a walk-in wardrobe, and ample activity space. However, the inner life of each home is by far the outdoor spaces and how they are framed, and connected to, each home on multiple levels. Car entrances from the road to the east lead to double covered parking spaces.Covered verandas protect the interior from overheating. Additional louvered screens further protect the interior, and can be moved along to where they are needed or out of the way when you want to enjoy the view.Each infinity pool is surrounded by natural deck. The materials selected relate to the natural environment to provide a feeling of familiarity and comfort. The gardens are landscaped with local species of trees and plants to provide natural soft landscaping and shade.Each home embraces a modern design philosophy where form follows function, and the central function here is the connection to the east Mediterranean Sea. The orientation, layout, and façade design for each home aspires to encourage the owners to enjoy the coast and the sea. The materials selection focuses on the same objective.

5 bedrooms Villa in Kato Paphos, Paphos, Cyprus No. 26186

5 bedrooms Villa in Kato Paphos, Paphos, Cyprus No. 26186

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