€ 850 000

€ 4 359 / 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%

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 41046

Bedrooms

195 sq.m.

Square

Parameters

Property Description

Ideally situated in the vibrant area of Lower Chloraka, the development offers refined living in Paphos. This complex comprises four 4-bedroom villas, each crafted to provide spacious interiors, modern comfort and elegant contemporary style.

The villas are arranged around a private central road, maintaining easy access to the public street. Each villa features private parking, landscaped gardens and swimming pools, complemented by green spaces and a public green area.

The development combines peaceful residential living with convenient access to the city’s amenities. Residents will enjoy proximity to pristine beaches, local services, the popular Kings Avenue Mall, as well as a variety of restaurants, cafes and bars.

The Project has EPC certificate with "A" Energy Efficiency Rating.