€ 2 020 000

€ 6 413 / 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. 44734

Bedrooms

315 sq.m.

Square

Parameters

Property Description

It is a gated residential complex of villas, only a few steps from the sea.

The development is a collection of uniquely designed villas, with 3-4 bedrooms, spacious living areas, large plots with gorgeous sea views and nearby amenities, only a short walk to supermarkets and a minutes’ drive to schools and touristic sites.

All villas will enjoy the private swimming pools.

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