+ 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 Paphos, Cyprus No. 28366

3

Bedrooms

2

Bathrooms

160.9 sq.m.

Square

Parameters

Property Description

This is brand-new 3 bedrooms Villa in new upcoming project with 10 luxury villas 3-4 bedrooms with private swimming pool and spacious plot and highest quality finishes. What makes this project special it is the panoramic sea and mountains view, located in the boarders of Mithis which is 10 minutes from Paphos and 2 minutes from Mithis golf-hotel-restaurant and spa.

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

3 bedrooms Villa in Paphos, Cyprus No. 28366

3 bedrooms Villa in Paphos, Cyprus No. 28366

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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