+ 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 Townhouse in Tala, Paphos, Cyprus No. 45837

2

Bedrooms

98 sq.m.

Square

Parameters

Property Description

This complex of apartments and townhouses is located in an elevated position within minutes walking distance of the picturesque hillside village of Tala. From here you can enjoy some breathtaking mountain and Mediterranean Sea views. The large residents’ swimming pool and terrace overlooks landscaped gardens and offers a fabulous Mediterranean ambience, ideal for relaxation. The architecture features Mediterranean style and character to these contemporary homes. Tala village is a short walk away and offers a selection of cafes, restaurants, supermarkets and a bank while all the remaining facilities in Paphos city are a 10-minutes drive. It is also a five minute drive to the nearby sandy beaches of Coral Bay where the shallow waters are ideal for swimming and a variety of water sport activities.

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

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