€ 1 060 000

€ 6 625 / 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. 42678

Bedrooms

160 sq.m.

Square

Parameters

Property Description

The complex of 5 beautifully designed villas is located in Geroskipou, suburb of Paphos. It is just a few hundred meters from the beaches. The villas will consist of 3 and 4 bedrooms, all with private swimming pools. The 4 bedroom villas will enjoy 2 parking spaces. Each villa will have a storage room and an option for a roof garden.

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