€ 801 000

€ 4 762 / sqm

+ 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 Pegeia, Paphos, Cyprus No. 28004

Bedrooms

Bathrooms

168.2 sq.m.

Square

Parameters

ID

28004
City

Cyprus
Type

Villa
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Floor

2
Bathrooms

3
Square

168.2 sq.m.
Land area

518 sq.m.
Veranda area

27 sq.m.
Completed

No

Property Description

This is a modern state of the art luxury villa located in Peyia. The villa is close to the renowned blue flag beaches of Coral Bay and the spectacular landscapes of the Akamas National Park. The villa features a private swimming pool, large terraces, spacious interiors with high-quality finishes. The residents of this beautiful property will be able to enjoy the unobstructed breath-taking views of the Mediterranean Sea. The project is a stone throw away from sandy beaches, a plethora of cafes, shops and other services, making it an excellent choice of timeless investment, having already attracted the interest of a large number of potential buyers and investors.

Features

Veranda

Car park

Swimming pool