€ 485 000

€ 2 853 / 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. 42018

Bedrooms

170 sq.m.

Square

Parameters

Property Description

A complex of 4 villas is located in a peaceful residential area in Geroskipou, Paphos.

The houses will feature 3 bedrooms (with a possibility to have 4 bedrooms), false ceiling, underfloor heating, alarm system, electrical gate. The swimming pool is optional (under extra cost).

The location is very convenient as the project is only 5 minutes drive from the beach and the city center of Paphos. Close to the golf fields and highway.

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