+ 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 Chloraka, Paphos, Cyprus No. 4985

3

Bedrooms

250 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A stylish modern complex consisting of 9 first-class one- and two-storey villas with panoramic glazing and fashionable design, combining the latest trends of architecture and harmony with nature and the surrounding landscape, is located 800 m from the sea in a quiet, comfortable suburb of Paphos - Chlorak.• The villas have 3 bedrooms and 3 bathrooms, covered parking for 2 cars to each house. The area of houses from 200 m2.
• Optimal choice:
• Number of bedrooms: 3
• Useful internal area of the house is 160 m2
• The covered area of the house is 184 m2
• The total area with terraces is more than 250 m2
• Plot of 520 m2 + green area of 430 m2
• Swimming pool
• VRV system
• Heated floors
• High ceilings
• Floor-to-ceiling French windows
• Double glazing
• Built-in toilets
• Equipped bathrooms
• Built-in modern kitchen
• Italian and Spanish plumbing
• Option - additional basement of 75 m2
• Suitable for permanent residence
• Installment payment
• Cost 785,000 euros + VAT

More detailed information, additional photos, live screenings and consultations: whatsapp/viber/telegarm

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