+ 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%

2 bedrooms Villa in Kouklia, Paphos, Cyprus No. 45262

2

Bedrooms

112 sq.m.

Square

Parameters

Property Description

Сlean lines, welcoming design and generous space all come together to create the perfect luxury home. The villas have been carefully styled to reflect the cultural, historical and environmental conditions of Cyprus, and to celebrate the diverse lifestyles of its residents. These homes are spacious but not intimidating, set on impressive plots and complemented with classic or contemporary interior design, landscaped gardens and private swimming pool.

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

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