€ 550 000

€ 4 104 / 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. 42184

Bedrooms

134 sq.m.

Square

Parameters

Property Description

19 three bedroom villas in Geroskipou (Paphos), featuring underfloor heating and VRV for cooling.

Each villa features expansive interior spaces and open-plan living areas with high ceilings, inviting natural light through floor-to-ceiling sliding doors and windows.

Other specifications:

• Underfloor heating with water
• VRV cooling system, offering efficient and customizable climate control
• High ceilings and high doors
• Security system with alarm and CCTV with 4 cameras
• Water pressure system and water filter under kitchen cabinets
• Bathrooms equipped with convenient walk-in showers, safety glass and wall-mounted toilets
• Private parking for 2 cars with electric gates and provision for electric car charger
• Barbeque area at kitchen level
• Storage and plant room in all villas
• Swimming pool is optional with extra €20,000 plus VAT as per drawings.

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