+ 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 Chloraka, Paphos, Cyprus No. 46119

4

Bedrooms

212 sq.m.

Square

Parameters

Property Description

The villas are set in one of the most desirable locations in Paphos, Chloraka. The residents of these homes can enjoy breath taking views of the Mediterranean Sea. The seafront villas are built to high standards featuring private pools, large areas of landscaped gardens, BBQ areas, large verandas with outdoor living areas, modern architectural designs with the latest technology, latest structural finishes, spacious parking. The interior of the villas also feature marble flooring, and underfloor heating.

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

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