€ 790 000

€ 3 333 / 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%

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 45073

Bedrooms

237 sq.m.

Square

Parameters

Property Description

The complex is located 700m from the Chloraka sea 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 4 modern design villas with open-plan layouts with 3 bedrooms, 2.5 bathrooms and a swimming pool. The villas will have a spacious living room, a U-shaped kitchen with quartz counters with the dining area right next to it. These areas will have big windows that bring in lots of light and offer outside views. The master bedroom will have its own en-suite bathroom with another communal bathroom that serves the rest of the bedrooms.

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

Roof garden terrace, under floor heating and photovoltaics are all available as extras.

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