€ 524 000

€ 3 853 / 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%

3 bedrooms Villa in Pegeia, Paphos, Cyprus No. 49556

Bedrooms

136 sq.m.

Square

Parameters

Property Description

This project is located in a quiet area just 3 minutes drive from the sandy beaches of Coral Bay. The development consists of 2 and 3 bedroom villas in the Peyia - in an area with green surroundings and low population density. Each villa has stunning panoramic sea and mountain views.

The main features of the project and the villas:

• Close to amenities
• Unobstructed sea views Mountain views
• Close to the sea
• Walking distance to bus
• Spacious areas for privacy
• Private parking Double
• Double glazed windows
• Granite kitchen worktops

The Project has EPC certificate with "B" Energy Efficiency Rating.