€ 530 000

€ 2 819 / 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 Geroskípou, Paphos, Cyprus No. 35311

Bedrooms

Bathrooms

188 sq.m.

Square

Parameters

Property Description

For sale is a modern off-plan detached villa in the sought-after area of Geroskipou. This spacious villa offers 188 square meters of internal space, thoughtfully designed for comfortable family living. The property features three large bedrooms and three stylish bathrooms, providing plenty of space for everyone.

Each home is equipped with a central air conditioning system and achieves the highest energy efficiency rating of A, ensuring year-round comfort while keeping energy costs low. The contemporary design includes open-plan living areas, allowing natural light to flow throughout the space.

Geroskipou is a vibrant area known for its blend of tradition and modern conveniences. Residents enjoy easy access to beautiful beaches, scenic walking paths, and a variety of local shops, cafes, and restaurants. The neighborhood is close to the highway, making it an excellent choice for commuters and those who want to explore the surrounding areas. Everyday amenities, including supermarkets, schools, and healthcare facilities, are all nearby.

This is a rare opportunity to purchase a new home in one of the most desirable locations. For more information, contact Purple International Real Estate today.