€ 890 500

€ 6 695 / 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%

2 bedrooms Villa in Coral Bay, Pegeia, Paphos, Cyprus No. 43921

Bedrooms

133 sq.m.

Square

Parameters

Property Description

This gated complex features 30 villas ranging from cozy 2 bedroom spaces to expansive 5 bedroom residences with elevators and will be located just a few hundred meaters from the beach.

The architectural prowess of the development is evident in its breathtaking sea view balconies and the design that weaves modern living into the tapestry of the surrounding landscape.

Other features:

• Swimming pool
• Louvered kids pool with playground area
• Club house with BBQ and rooftop sport\lounge area
• Elevators in master villas
• Sport activities
• Private and guest parking places
• Modern architecture

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