+ 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 Neo Chorio, Paphos, Cyprus No. 28315

3

Bedrooms

3

Bathrooms

328 sq.m.

Square

Parameters

Property Description

Luxury 5 bedrooms villa, will be located within a large corner plot, will offer spacious, light-filled living and entertainment areas, generous sized balconies and terraces, private garden vanishing edge pool. To ensure the villa reflects the owners’ personality, we had our architects and civil engineers design a unique villa where the interior and exterior finishes create a truly unique property to make Mediterranean indoor and alfresco living a real pleasure.This superb controlled access project nestles between the beautiful Akamas Peninsula and the Mediterranean Sea, within walking distance to the traditional village of Neo Chorio. Regarded as one of the most sought after locations in Cyprus, it affords breathtaking views across Chrysochou Bay and is just a few moments drive to the beaches and Marina in Latchi, famed for its fine fish restaurants.

Features

Car park

Car park

3 bedrooms Villa in Neo Chorio, Paphos, Cyprus No. 28315

3 bedrooms Villa in Neo Chorio, Paphos, Cyprus No. 28315

Features

Outdoor features

Car park

Car park

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