€ 4 830 000

€ 7 051 / 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%

6 bedrooms Villa in Pegeia, Paphos, Cyprus No. 45264

Bedrooms

685 sq.m.

Square

Parameters

Property Description

This modern mansion with 6 bedrooms is located in Peyia, Paphos area. This exclusive villa is situated on an exceptionally large plot of 2319 m2 with total covered areas of 1372.2 m2. The villa includes waterfall features, a private swimming pool, large terraces and spacious interiors and state of the art finishes. The residents will enjoy breath-taking views of the Mediterranean Sea and the surrounding landscapes. Villa is conveniently located close to the renowned blue flag sandy beaches of Coral Bay and the spectacular landscapes of the Akamas National Park.

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