+ 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%

5 bedrooms Villa in Tsada, Paphos, Cyprus No. 44652

5

Bedrooms

262 sq.m.

Square

Parameters

Property Description

Nestling on the hills above Paphos, next to the traditional village of Tsada, there is a new development of villas. These properties are carefully located so that residents enjoy breath taking panoramic views of the sea and the Mediterranean countryside. The properties are elevated from summer humidity, offering the benefits of a healthy climate and refreshing mountain breezes. These tailormade villas offer their residents open living spaces.

The complex consists of a variety of bungalows, split-level and two-storey detached villas all with the option of 3, 4 or more bedrooms. Light coloured natural Cypriot stone adorns exteriors whilst dark wooden pergolas cover sun terraces. Cool down during the warmth of the summer season in your private swimming pool or relax in the warmth of your stone-dressed wood burning fireplace in the winter months.

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

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