€ 650 000

€ 5 118 / 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 Pegeia, Paphos, Cyprus No. 42937

Bedrooms

127 sq.m.

Square

Parameters

Property Description

The project consists of 26 contemporary villas in a picturesque village of Peyia. They are designed with modern, sustainable features and range between 3, 4 and 5 bedrooms and come with a private pool, underfloor heating and a VRF system.

The development features:

• Private parking
• 3-4 bathrooms
• BBQ area
• Custom made kitchen
• Panoramic views of the sea and the surrounding cityscape
• Antiseismic structure for safety and durability.

Owning a home in Peyia provides easy access to the tranquil surroundings of Akamas and the vibrant beachfront of Coral Bay.

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