€ 2 700 000

€ 6 601 / 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 Kissonerga, Paphos, Cyprus No. 46079

Bedrooms

409 sq.m.

Square

Parameters

Property Description

Situated on an idyllic cliff facing uninterrupted sea views and located near the main artery road between Paphos and Coral Bay, these houses offer the best combination of urban and rural lifestyle the Pafos area has to offer. The five residences feature stairwell, elevator, two fireplaces, living room, dining room, kitchen, outdoor covered and uncovered patios, barbeque area, large swimming pool, outdoor and indoor jacuzzi, garden, four bedrooms, five bathrooms, sauna, games/media room, double covered parking.

The complex can be sold as whole (5 villas) under the price of €12.900.000 + VAT.

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