€ 800 000

€ 2 548 / 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%

4 bedrooms Villa in Kissonerga, Paphos, Cyprus No. 4951

Bedrooms

314 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A new elite complex consisting of 15 villas will be built by the 4th quarter of 2023 in the quiet respectable suburb of Paphos Kissonerga. Just a 15-minute drive separates it from the city center and a 5-minute drive to the most popular Coral Bay. This place is in great demand for both the purchase and rental of housing in view of its convenience: close to the infrastructure, but away from the tourist bustle. It is also famous for its stunning seascapes and amazing sunsets. The small bay of Potima, located in this area, is considered one of the best beaches on the west coast of Cyprus. The prospect of the place also lies in the construction of a yacht marina nearby, which will give an impetus to an increase in prices in the future.

Villas with 4 bedrooms and 3 bathrooms are offered for sale, which will be built in accordance with modern standards of high-quality luxury housing in close proximity to the coast - just 200 m from the sea. Panoramic floor-to-ceiling windows in the living room and bedrooms, spacious terraces with access to the garden and pool, garage, exclusive finishing with high-quality materials such as marble, natural stone and precious woods will not leave indifferent true connoisseurs of comfort. As additional options, underfloor heating, a smart home system and much more are offered - at the discretion of the future buyer of the property.

• Property Type Villas
• Number of bedrooms 4
• Number of bathrooms 3
• The area of the villa is 314 m2
• Garden area 400 - 500 m2
• Distance from the sea 200 m
• Swimming pool (optional)
• Cost 800 - 830,000 euros
• Suitable for obtaining permanent residence under the Fast Track program
• Installment payment until the end of construction
• Completion of construction - 4th quarter 2023
• Built-in kitchen
• Built-in wardrobes in the bedroom
• Equipped bathrooms
• Sea view
• Garage

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