+ 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 Penthouse in Chloraka, Paphos, Cyprus No. 28346

3

Bedrooms

3

Bathrooms

178.5 sq.m.

Square

Parameters

Property Description

This is 3 bedrooms penthouse in the project which is one its kinds with modern interior and exterior design with roof garden and 360 sea view. It’s one the rarest project in Paphos which has a swimming pool and Jaccuzi on the roof with a 360 Degree Sea view. Complex located in Chloraka area which gives a peaceful life while close to all amenities.Project consists of 2 floors and 5 apartments in each floor and life-time sea view.Some features of this project are as followings:Life-time SeaviewCovered ParkingStorageB+ Energy SavingLuxury DesignSwimming PoolJacuzziPressurizing SystemSolar PanelRental Income

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

3 bedrooms Penthouse in Chloraka, Paphos, Cyprus No. 28346

3 bedrooms Penthouse in Chloraka, Paphos, Cyprus No. 28346

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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