+ 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 Empa, Paphos, Cyprus No. 27593

3

Bedrooms

195 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A great offer for those who want to live in their own house with stunning sea and mountain views with a very convenient location 5 minutes drive from the center of Paphos, 7 minutes drive from the international school, 2 minutes from the supermarket and 4 minutes to the beach. A private villa with 3 or 4 bedrooms with an area of 195 m2 and a garden of 310 m2 with a panoramic roof terrace where you can organize a magnificent barbecue area. Thoughtful layout, high-quality construction, the possibility of obtaining permanent residence!

• Property type: villas
• Number of bedrooms: 3-4
• Number of units: 3
• Area: from 195 m2
• Garden from 310 m2
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Equipped bathrooms
• Parking
• Sea view
• Mountain view
• Delivery - February 2024
• The possibility of renting
• The possibility of obtaining permanent residence
• Cost from 415,000 euros + VAT

More detailed information, consultations and live screenings: whatsapp/viber/telegram

 

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