€ 1 645 000

€ 4 824 / 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%

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28293

Bedrooms

Bathrooms

341 sq.m.

Square

Parameters

Property Description

New modern 4 bedroom beachfront villa in beautiful location of Chloraka, Paphos. This is unique modern beachfront development consists of 3, 4- and 5-bedroom villas next to a 5-star beach hotel and close to a plethora of Paphos’ most popular attractions and amenities, such as the Paphos tourist area, harbor, the Kings Avenue Mall. The villas offer spacious interiors and private swimming pools in large plots. Its superior finishes, specifications and unique location provide elite buyers the opportunity to taste the luxury Cyprus Mediterranean lifestyle living.