€ 615 000

€ 4 659 / 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%

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 28521

Bedrooms

132 sq.m.

Square

Parameters

Property Description

This is exquisite new project – a unique villa development in Geroskipou, a boutique development of 9 Luxury Villas, all completely detached and with luxury specifications. Each contemporary villa has a plot size of no less than 300m2, and have spacious strategically designed internal covered areas, with open plan living areas, high ceilings and welcoming plenty of natural light from the floor to ceiling sliding doors and windows. Each Villa has an option for a swimming pool and spacious garden. With upgraded features such as underfloor heating with heat pump, VRV concealed AC Units, natural and sustainable materials, an electric car charger and photovoltaic panels included. A redeeming feature of the beautiful homes is their location, situated on the elevated Geroskipou hillside overlooking panoramic view of all of Paphos and the sea.

Features

Car park

Swimming pool