+ 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%

3 bedrooms Villa in Peristerona, Paphos, Cyprus No. 46752

3

Bedrooms

2

Bathrooms

187 sq.m.

Square

Parameters

Property Description

This residential development comprises two villas located in Peristerona, offering well-organised basement, ground floor and first-floor layouts. The design includes dedicated parking, storage and technical areas, ensuring practicality and efficient use of space. Verandas on different levels and a roof terrace further enhance the functionality of the villas, providing additional outdoor areas connected to the internal living spaces.

The project has an EPC certificate with “A” energy efficiency rating.

Features

Private pool

Private pool

Storage room

Storage room

Car park

Car park

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Features

Features

Private pool

Private pool

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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