€ 5 500 000

€ 16 320 / 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 Kissonerga, Paphos, Cyprus No. 49632

Bedrooms

337 sq.m.

Square

Parameters

Property Description

This project is a group of detached villas for sale at the beginning of the Coral Bay area. These villas will be built just meters away from a quiet, secluded sandy beach. Each villa has its own private swimming pool and balcony and all enjoy magnificent and unobstructed views of the Mediterranean Sea and the local Cypriot countryside.The properties have been carefully designed in an elegant and traditional Mediterranean style, reflecting the charm and character of Cyprus.

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