€ 1 050 000

€ 8 077 / 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%

5 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28203

Bedrooms

130 sq.m.

Square

Parameters

Property Description

Luxury 5 bedroom Villa is situated in a complex of six modern villas located in the prestigious area of St. George, within walking distance to the Cap St. Georges Beach Club Resort. The popular Coral Bay resort is just a short drive away, restaurants, bars, varied nightlife and to all infrastructure, including supermarkets, schools, restaurants, medical center.

Features

Veranda