€ 1 040 000

€ 6 500 / 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%

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 36087

Bedrooms

Bathrooms

160 sq.m.

Square

Parameters

Property Description

For sale: A modern, detached villa under construction in the desirable area of Geroskipou. This property offers a generous 160 m2 of internal space, thoughtfully designed with three bedrooms and two bathrooms. Built with energy efficiency in mind, it holds an A+ rating and features a central AC system for year-round comfort.

The villa's contemporary architecture is matched by high-quality finishes throughout. Large windows provide plenty of natural light and offer stunning sea views. There is an option to purchase the property fully furnished, making your move seamless. Step outside to enjoy a private swimming pool, perfect for relaxing or entertaining guests.

Geroskipou is known for its peaceful atmosphere, blending traditional charm with modern conveniences. The area is close to a major highway, providing easy access to nearby towns and attractions. Local amenities, including shops, cafes, and schools, are all within a short distance.

This villa is ideal for families or anyone seeking a comfortable, stylish home in a prime location. Contact Purple International Real Estate today to learn more or to arrange a viewing.