€ 970 000

€ 4 709 / 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%

4 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 50368

Bedrooms

206 sq.m.

Square

Parameters

Property Description

Two detached villas in Geroskipou, on a hill, designed with large windows and balconies to enjoy natural lights, sea views and gorgeous sunsets. The overal design is modern with simple elegant lines, open plan layout kitchen, living room and dining room. A double covered parking is designed at the road level, and then an external staircase is leading to the house.

Each villa has 4 bedrooms, 2 of them en-suite.

A large garden at the front of each house has enough space for an optional swimming pool.

Characteristics:

• Provision for underfloor heating
• Provision for air-conditions
• Provision for photovoltaics
• Provision for alarm system
• Electric garage door
• Gated entrance
• Secure door and windows

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