+ 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. 4994

3

Bedrooms

190 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Luxury development project located in a very attractive area of Melanos in Chlorak. The project includes 23 modern villas, each of which is equipped with private pools with chlorinated salt, heated floors and VRV cooling systems, providing the maximum standard of living for those who are looking for luxury and comfort.

The modern villas of the complex boast the most modern amenities designed to meet the needs of modern life. The open-plan living areas are spacious and ventilated, providing a welcoming and comfortable environment for both residents and guests. Modern kitchens are fully equipped with high-quality appliances, and bathrooms are equipped with luxury plumbing.

The development project is surrounded by beautifully preserved fields and gardens, which create a serene atmosphere for residents. In addition, residents can take advantage of the proximity to the sea, a private school and local amenities.

Chloraka, Paphos is a very popular place known for its stunning scenery, breathtaking coastline and crystal clear waters. It offers many amenities, including world-class restaurants, cafes and hotels, as well as historical and cultural attractions.

This is a unique development project that combines luxury, style and functionality, providing residents with an unsurpassed experience of living in one of the most beautiful places in the Mediterranean. Create the world of your dreams!

More detailed information, layouts, specifications, live online and live screenings, individual selection of real estate, the possibility of buying remotely, support of bank transfers when buying real estate: whatsapp/viber/telegram

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