+ 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. 30133

3

Bedrooms

3

Bathrooms

220 sq.m.

Square

Parameters

Property Description

Luxury 3 bedrooms villa located in a quiet residential area of Paphos in Geroskipou, just 5 minutes from the beach and city centre, 2 minutes from the motorway.Bright and spacious open plan living room and dining area connecting to the outside pool/garden area through floor-to-ceiling windows, utility room with space for washing machine, dryer, sink and fridge, option to turn the utility room into a shower to have all bedrooms en-suite, option for back-yard covered veranda, internal staircase to the roof, storage room on the roof and ground floor, energy saving features offering maximum thermal insulation and sound proofing .

Features

Car park

Car park

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 30133

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 30133

Features

Outdoor features

Car park

Car park

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