€ 370 000

€ 3 558 / 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%

2 bedrooms Townhouse in Chloraka, Paphos, Cyprus No. 28342

Bedrooms

Bathrooms

104 sq.m.

Square

Parameters

Property Description

This is 2 bedrooms maisonette located in Chloraka area of Phpos. The project is set in the unique lush, rural area, with a short walking distance to many amenities and facilities. Only a 5 minutes’ drive to Paphos Town and the famous blue flag beach of Coral Bay and a 5 minute walk to the beach. This complex consists of 20 moderny designed two and three bedroom maisonettes. All properties consist of an open plan kitchen and living room, 1 main bathroom, 1 ensuite, 1 w/c, and laundry room, built to the highest standards. Clients have the option of adding a roof garden with private bbq area. The properties benefit from a 7x16 common swimming pool and 7x4 kids pool, lobby/welcome room and landscaped gardens. Located in a very popular area for both permanent residence and short-term rentals, it is the perfect investment opportunity.

Features

Car park

Swimming pool