€ 650 000

€ 5 110 / 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. 36079

Bedrooms

Bathrooms

127.19 sq.m.

Square

Parameters

Property Description

Under construction in Peyia, this detached villa looks out over the sea across 127.19 square meters of internal living space.

The layout provides three bedrooms and three bathrooms, fitted with an integrated central air conditioning system and underfloor heating throughout. Furniture packages are available by separate arrangement.

Outside, a private swimming pool occupies the grounds within a secure gated complex.

Peyia sits on the hillside directly inland from Coral Bay, roughly fifteen minutes north of Paphos. The municipality carries supermarkets, pharmacies, banks, and open-air dining spots. Detached houses and low-rise residential buildings define the local architecture.

Contact Purple International Real Estate to register interest or arrange an on-site viewing.