€ 1 250 000

€ 5 388 / 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 Geroskípou, Paphos, Cyprus No. 45092

Bedrooms

232 sq.m.

Square

Parameters

Property Description

The project is located just 180 meters away from the beautiful sandy beaches and is a home to 7 luxurious villas, strategically placed in order to enjoy a view towards the Mediterranean Sea.

The villas not only represent the beauty of the Mediterranean, but also depict the ancient history of the site. The magnificent tombs of the Kings shed the light of inspiration for the architectural design. The earthy-coloured, plaster walls blend beautifully with the local landscape, creating a sense of belonging to the site.

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