€ 530 000

€ 3 655 / 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. 37662

Bedrooms

Bathrooms

145 sq.m.

Square

Parameters

Property Description

For sale is a modern detached villa under construction in the sought-after area of Koloni. This spacious home boasts an internal area of 145 m2, designed with contemporary living in mind. With three comfortable bedrooms and three stylish bathrooms, this villa offers plenty of space for families or those who love to entertain.

The property is part of a secure, gated complex, providing peace of mind and a sense of community. Built to the highest standards with an energy efficiency rating of A, it promises low running costs and a comfortable living environment. Completion is set for 2027, offering buyers the opportunity to select optional furnishing packages to suit their personal tastes.

Koloni is recognized for its blend of tranquility and convenience. Residents enjoy quiet surroundings while being close to the highway for easy commuting. All essential amenities, including shops, schools, and services, are just a short drive away.

This is a rare opportunity to secure a brand-new home in one of the area's most attractive locations. For further details or to arrange a viewing, please contact Purple International Real Estate.