€ 1 020 000

€ 7 286 / 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%

5 bedrooms Villa in Pegeia, Paphos, Cyprus No. 36098

Bedrooms

Bathrooms

140 sq.m.

Square

Parameters

Property Description

This five-bedroom detached villa sits in a gated complex in Peyia and is being sold off plan. The interior spans 140 square meters across two levels, with a basement offering additional space. Underfloor heating runs throughout, and the property can be purchased furnished or unfurnished to suit your preference. Energy efficiency reaches an A rating.

The main level opens to generous accommodation with five bedrooms and five bathrooms arranged across the villa. Each bathroom serves the bedroom areas, and the layout flows between living spaces and private quarters. Large windows frame the sea view from the upper floors.

A private swimming pool adjoins the villa, and the gated complex provides security and a controlled environment. Parking is included within the development.

Peyia sits on the western edge of the Paphos district, a short distance inland from the coast. The village serves as a residential base with everyday amenities including shops, restaurants, and pharmacies within walking distance. Nearby beaches offer swimming and water sports, with the Akamas Peninsula's natural landscape accessible for exploration. Around 45 minutes by road lies Paphos Airport.