€ 365 000

€ 3 380 / 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 Pegeia, Paphos, Cyprus No. 30142

Bedrooms

108 sq.m.

Square

Parameters

Property Description

New beautiful residential development comprising 28 villas, situated in amazing setting in the central area of Pegeia-Paphos. The 3-bedroom villas are spacious with private and common swimming pools built with high speci¬cations. The project with enjoyable, beautiful views of the bay and the city. The fantastic location is next to all amenities including, a medical centre, pharmacy, schools, supermarket, restaurants and bars, gym and more just minutes away. It is a short drive to the famous serviced beach of Coral Bay and the future Paphos Marina, which will be constructed in the near future.

Features

Car park