€ 530 000

€ 2 819 / 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. 42978

Bedrooms

188 sq.m.

Square

Parameters

Property Description

The complex consists of 6 detached villas and is located in a quiet residential area of Geroskipou, just a few minutes from Paphos city. The villas consist of 3 bedrooms and 3 or 4 bathrooms, all with bright and spacious living and dining areas.

The villas will have VRF concealed air-conditioning in the living room and master bedroom and VRF wall units in the remaining bedrooms (cooling/heating).

Optional extras include a private swimming pool, roof garden, en-suite room on the roof or underfloor heating, parking entrance gates, interior design as per 3D renderings.

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