€ 11 000 000

€ 12 500 / 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%

6 bedrooms Villa in Paphos, Cyprus No. 35070

Bedrooms

Bathrooms

880 sq.m.

Square

Parameters

Property Description

This Waterfront Luxury Villa is next to a 5-star beach hotel and close to all of Paphos most popular attractions and amenities, such as the Paphos tourist area, harbour, the Kings Avenue Mall and Private English School .

The 6 bedroom villa offers spacious interiors and private L shaped swimming pool which goes inside the villa giving you a heated indoor pool also. Its superior finishes, specifications and unique location provide the elite buyer the opportunity to taste the luxury Cyprus Mediterranean lifestyle living.

Waterfront plot of 1673 m2, covered area: 880m2 over 3 floors. Living room, Dining room, Italian custom design kitchen, double face plasma fireplace with illuminated onyx, lift and guest toilet on ground floor, 3 En suite Bedrooms on first floor, 3 bedrooms on basement, gym/sauna/steam room, cinema room, secondary kitchen with lift for food, 3 car garage with floor revolving garage mechanism. CCTV and laser beam alarm, smart house, dancing water for pool (5m x 20m) L-shape, electric sliding patio doors and much more. CCTV, Alarm and Laser beams on property perimeter, Smart home.

Tomb Of The Kings -Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.