€ 460 000

€ 3 108 / 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. 43256

Bedrooms

148 sq.m.

Square

Parameters

Property Description

Discover the modern living in the heart of tranquillity. The complex offers 8 detached villas in Geroskipou, Paphos.

Each villa offers inside ample space, covered verandas and uncovered parking space for 2 cars.

The project provides the perfect retreat from the busy city life, while still being conveniently located to all amenities within a few minutes drive and the sea.

These villas represent an excellent investment opportunity for both homeowners and investors alike.

Every property promises to provide a comfortable and upscale living experience.

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