+ 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 Kato Paphos, Paphos, Cyprus No. 4946

3

Bedrooms

145 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Excellent offer: a new ready-made 3-bedroom villa in an ideal location - just 100 m from the sea and a good beach in an area with developed infrastructure: near a water park, cafes, restaurants, embankment, shops - an excellent choice for personal living all year round, as well as for recreation or rental. Usually such villas are bought at the early stages of construction!Comfortable layout: living room, dining room and kitchen, guest bathroom plus master bedroom with en-suite bathroom on the ground floor with access to the pool to the terrace, on the second floor there are two more bedrooms and a bathroom. Spacious verandas, balcony, Parking. Private swimming pool. High-quality finishing "turnkey".

• Number of bedrooms 3
• Number of bathrooms 3
• Distance from the sea 100 m
• Suitable for the permanent residence program PR Fast Track
• Year of construction 2022
• Cost 860 thousand euros + VAT

 

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3 bedrooms Villa in Kato Paphos, Paphos, Cyprus No. 4946

3 bedrooms Villa in Kato Paphos, Paphos, Cyprus No. 4946

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