+ 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 Geroskípou, Paphos, Cyprus No. 49580

3

Bedrooms

161 sq.m.

Square

Parameters

Property Description

This project is located in the center of Geroskipou, this magnificent location has a large central square at its heart - a harmonious combination of tradition and modernity.
Each unit consists of 3 bedrooms and an office. The living room and the kitchen are separated, while a fireplace is a worthy plus for the whole interior design. All units have their own covered veranda and covered parking.

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

Features

Storage room

Storage room

Car park

Car park

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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