€ 460 000

€ 3 108 / 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. 36576

Bedrooms

Bathrooms

148 sq.m.

Square

Parameters

Property Description

For sale: Detached villa currently under construction in the desirable area of Koloni. This modern home offers a spacious internal area of 148 m², providing plenty of room for comfortable family living. The thoughtful layout features three bedrooms, each designed with space in mind, and three stylish bathrooms for convenience and privacy.

Koloni is well known for its peaceful surroundings and friendly atmosphere, making it a sought-after location for families and professionals alike. The area combines a quiet neighborhood feel with easy access to everything you need. Major highways are just a short drive away, making commuting simple. Everyday amenities such as supermarkets, shops, schools, and restaurants can be reached quickly and easily.

This is an excellent opportunity to purchase a villa in a growing and well-connected residential area. The property's modern design promises both style and practicality. For more information or to arrange a viewing, please contact Purple International Real Estate.