€ 2 800 000

€ 8 211 / 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. 49577

Bedrooms

341 sq.m.

Square

Parameters

Property Description

This complex of luxury villas located in the serene and unspoiled area of Sea Caves, Paphos. It is just a short walk from Akamas National Park and is surrounded by olive trees and natural beauty. This complex with breathtaking views of the Mediterranean Sea is located in one of the most picturesque areas of Paphos. The complex is just 10 minutes drive from the enchanting fishing harbor of St. George and the delightful beach cove nestled within it. It is just a 5 minute drive from the famous Blue Flag beach of Coral Bay and the bars, restaurants and stores of the small town. Just as pearls are highly prized for their beauty and rarity, this complex, with its proximity to famous landmarks and breathtaking views, is truly a jewel of the Mediterranean.

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