+ 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. 32492

3

Bedrooms

185 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

Next is the automatic translation: A stylish and elegant complex of 3 and 4 bedroom houses in the elite residential area of Geroskipou - Agia Marinuda, Paphos. Just 5 minutes from the most popular sandy beach of Paphos and the city center, easy access to Limassol Highway and Elea Golf Club. All facilities are within walking distance, such as a supermarket, kiosks, cafes, bakeries, butcher shop, golf course and more. Spacious living spaces and verandas, swimming pool, energy certificate A.• Property type: villas
• Number of bedrooms: 3
• Quantities of agricultural products: 3 or 4
• The area of the house is from 185 m2 to 255 m2
• The plot area is 200-500 m2
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Indoor parking
• Double glazing
• Modern design
• Marble walls in bathrooms
• Well-maintained territory
• Sea and mountain view
• Swimming pool (optional)
• Heated floors (optional)
• Full furniture package (optional)
• Quiet residential area
• Materials of the buyer's choice
• Within walking distance of all amenities
• Spacious living areas and verandas
• Energy certificate A
• Installment payment option
• The possibility of obtaining permanent residence
• Distance from the sea 3 km
• The deadline is summer 2025
• The cost is from 430 to 599 thousand euros

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3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 32492

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 32492

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