€ 610 000

€ 4 621 / 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 Kato Paphos, Paphos, Cyprus No. 29293

Bedrooms

Bathrooms

132 sq.m.

Square

Parameters

Property Description

Located in a peaceful area of Peyia, the townhouses are just five minutes from the famous area of Coral Bay and its sandy beaches, modern hotels, shops and the new upcoming Marina, while all amenities and services are within walking distance at the village center. Fifteen minutes’ drive along the scenic coast-road will bring you into Paphos town center. The Development consists of 30 units and provides a wide selection of 2 & 3 bedroom townhouses and villas with private swimming pools and superb views of the Mediterranean Sea and the mountains. Peyia contains all one requires in the modern conveniences of shops, supermarkets, banks, restaurants and bars yet still retaining its quaint and traditional nature.

Features

Veranda

Car park