+ 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 Chloraka, Paphos, Cyprus No. 47353

2

Bedrooms

3

Bathrooms

96 sq.m.

Square

Parameters

Property Description

This exceptional seaside development offers a unique combination of villas and townhouses distinguished by elegant black marble design and premium natural stone finishes. Located just a two-minute walk from the beach and five minutes from a luxury hotel, residents can enjoy complimentary access to a modern gym and exclusive discounts at the spa, pool, beach facilities, and restaurant. The project features a refined community atmosphere with a children’s playground, a large swimming pool, and two private parking spaces for each home. Every residence is fully furnished with high-end designer furniture and appliances, equipped with a VRV air system and underfloor heating, and includes spacious outdoor areas for relaxation.

The main features of the project and the units:
•Luxury villas and townhouses near the sea
•Signature black marble and natural stone design
•Two minutes’ walk from the beach
•Access to hotel gym, spa, pool, and restaurant discounts
•Children’s playground
•22 × 8 m communal swimming pool
•Two private parking spaces per home
•VRV air system and underfloor heating
•Photovoltaic panels
•Fully furnished with designer furniture and appliances
•Spacious outdoor areas
•Five-year warranty

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

Features

Car park

Car park

Common area with pool

Common area with pool

Similar Property

586 800

2 Bedrooms

3 Bathrooms

96 sq.m.

+ VAT

586 800

2 Bedrooms

3 Bathrooms

96 sq.m.

+ VAT

586 800

2 Bedrooms

3 Bathrooms

96 sq.m.

+ VAT

Verified property

2 bedrooms Townhouse in Chloraka, Paphos, Cyprus No. 54804

312 000

2 Bedrooms

2 Bathrooms

95 sq.m.

Features

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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