+ 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. 28499

3

Bedrooms

3

Bathrooms

184 sq.m.

Square

Parameters

Property Description

The newest Gated project which consists of 5 two storey villas and 4 bungalows in one of the most sought after locations in Paphos, Chloraka, just 800m from the sea, with flawless architecture and unique design for each home. This development is having nine houses in a very creative composition, positioned and designed in such a way in order to enjoy to the fullest its features, inspiring as a poem and flawless as a symphony orchestra.Individually, each home is perfectly placed to enjoy beautiful views, privacy and an extraordinary way of living in a gated project. Using only the best materials in the market these homes are set to raise the bar of luxury living even higher.

Features

Car park

Car park

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28499

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28499

Features

Outdoor features

Car park

Car park

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