+ 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 Chloraka, Paphos, Cyprus No. 28432

3

Bedrooms

2

Bathrooms

131 sq.m.

Square

Parameters

Property Description

Luxury 3 bedroom Villa, located in Chloraka only 400m away from the sea. All Villas in this project command panoramic sea and countryside views. They consist of private swimming pools, gardens, large patios and BBQ areas. Excellent location, International private school is very close.

Features

Veranda

Veranda

Car park

Car park

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28432

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28432

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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