€ 520 000

€ 4 000 / 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. 44663

Bedrooms

130 sq.m.

Square

Parameters

Property Description

The properties are located in 800m from the sea in Chlorakas, in a peaceful and green suburban environment yet within range of 5 min drive to the mall and harbor and 10 min drive to the city center.

The project consists of 2 modern design villas and the townhouses with 2 or 3 bedrooms, and an optional swimming pool.

The project features high quality specifications and finishes such as exterior natural stone cladding, marble staircase, quartz kitchen counters, aluminium and glass railings and much more.

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