€ 500 000

€ 3 704 / 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. 37661

Bedrooms

Bathrooms

135 sq.m.

Square

Parameters

Property Description

For sale is a modern detached villa currently under construction in the sought-after area of Koloni. With a generous internal space of 135 m2, this stunning property offers three comfortable bedrooms and three stylish bathrooms, making it perfect for families or those seeking extra space.

Koloni is a peaceful and well-established residential area known for its friendly community and relaxing atmosphere. It offers easy access to local amenities, including shops, cafes, and schools, allowing residents to enjoy a convenient lifestyle. The area is also located just minutes from the highway, providing quick connections to nearby towns and beaches.

The villa showcases modern architecture and high-quality finishes, designed with energy efficiency class A. The gated complex ensures security and privacy, giving you peace of mind. You also have the option to purchase the villa fully furnished, making your move even easier.

Planned for completion in 2027, this is a wonderful opportunity to secure your new home in a growing and popular location. For more information or to arrange a viewing, please contact Purple International Real Estate.