€ 2 900 000

€ 13 810 / 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%

5 bedrooms Villa in Paphos, Cyprus No. 48709

Bedrooms

210 sq.m.

Square

Parameters

Property Description

This residential development consists of three five-bedroom villas located near the Sea Caves coastline in the Paphos region, adjacent to Coral Bay and the Akamas Peninsula. Each villa is designed to accommodate modern living needs, combining indoor functionality with outdoor leisure spaces.

The layout includes open-plan living and dining areas with large glass sliding doors, connecting interior space to sea-facing verandas and private outdoor amenities. Each villa features an infinity-edge swimming pool with a poolside pavilion for dining and relaxation, a rooftop terrace with panoramic views, and a double garage.

The interior includes a home cinema room with sound-absorbing finishes, a utility space that centralizes technical functions, and a private sauna. Additional features include a separate studio space suitable for staff, guests, or multifunctional use. Each bedroom has an en-suite bathroom, and several rooms face the sea with access to covered verandas.

The villas are equipped with underfloor heating, a VRV ventilation and air conditioning system, a private elevator, smart home infrastructure, and a pressurized plumbing system. High-quality finishes are used throughout.

Positioned in a well-connected area, the development is within walking distance of local shops and in proximity to schools and essential services.

Three skeleton frames with a total area of 3,018 m² are offered for sale at €3,600,000 + VAT

The main features of the project and the units:

• Three five-bedroom villas
• Location near Sea Caves, Coral Bay, and Akamas Peninsula
• Private infinity-edge swimming pool with mosaic lining
• Pool pavilion with seating, dining, and BBQ areas
• Private rooftop terrace with bar, sun lounge, and jacuzzi
• Home cinema (27 m²) with sound insulation
• Utility room for centralized services
• Private sauna with aspen wood finish
• 20 m² studio (multi-use: guest room, staff, etc.)
• Ground floor bedroom with sea views
• All bedrooms have en-suite bathrooms
• Front-facing bedrooms with access to covered veranda
• Double garage
• Internal elevator with LED lighting and smooth operation
• Underfloor heating and VRV air conditioning system
• Smart home automation and pressurized plumbing
• High-quality construction materials throughout
• 5-minute walk to shopping center
• Schools located nearby