€ 750 000

€ 4 054 / 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. 42386

Bedrooms

185 sq.m.

Square

Parameters

Property Description

These 2 villas of 3 bedrooms will have sea views from their private roof gardens. The swimming pool is optional (at additional cost).

The villas are located in Geroskipou, Paphos, just 5 minutes drive from the beach and city center.

Other features:

• Spacious living areas and verandas
• External thermal insulation
• Water pressure system – solar heater
• Wall mounted toilets and walk in showers
• Provision for electrical car
• False ceilings
• Underfloor heating
• VRV
• Barbeque area with exterior shower.

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