+ 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%

2 bedrooms Villa in Paphos, Cyprus No. 49805

2

Bedrooms

107 sq.m.

Square

Parameters

Property Description

The project is set in a spectacular panoramic location offering sea views of one of the most beautiful and unspoiled areas of the island.

This luxury project consists of 9 villas with 3 bedrooms and a private pool each, located within a convenient 5-mins walking distance from the nearest beach.

The interior of each villa is organized into two levels.

On the ground floor, there is the main living area with large floor-to-ceiling windows, a well-equipped open space kitchen, and a welcoming dining area. The three bedrooms with en-suite bathrooms are spread on the ground and first floor. The en-suite dressing room and walk-in closet serve the modern needs for functionality and comfort.

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

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

Similar Property

680 000

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107 sq.m.

+ VAT

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Verified property

2 bedrooms Villa in Paphos, Cyprus No. 54090

680 000

2 Bedrooms

2 Bathrooms

IV quarter, 2027

106 sq.m.

+ VAT

380 000

2 Bedrooms

106 sq.m.

+ VAT

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