+ 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. 31756

3

Bedrooms

3

Bathrooms

179.7 sq.m.

Square

Parameters

Property Description

This is brand new luxury 3 bedrooms in green surroundings villa. Located in the heart of the tourist area of Geroskipou and within walking distance to the Mediterranean sea, with modern design and aesthetic, enriched with high quality finishes and specifications, luxury villas include a large, private swimming pool and spacious garden.

Features

Veranda

Veranda

Storage room

Storage room

Car park

Car park

Swimming pool

Swimming pool

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 31756

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 31756

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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