€ 1 050 000

€ 3 323 / 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 Pegeia, Paphos, Cyprus No. 28333

Bedrooms

Bathrooms

316 sq.m.

Square

Parameters

Property Description

This is a modern state of the art luxury 4 bedroom 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

Car park

Swimming pool