€ 1 980 000

€ 9 519 / 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%

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 44661

Bedrooms

208 sq.m.

Square

Parameters

Property Description

The Villas are located on the water’s edge in an environment that is second-to-none.

These villas feature an outstanding composition of design and creativity, adjacent to a plethora of amenities and services, archaeological sites and places of interest, with the inspiring views of the Mediterranean Sea and beyond. Paphos town centre is only a few minutes’ drive from the project, as are both private and public schools, retail outlets and shopping malls.

Other specifications:

• Quiet neighbourhood
• Air conditioning
• Central heating
• Covered verandas
• En-suite bathrooms
• Landscaped gardens
• Private parking
• Swimming pool

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