€ 725 000

€ 5 292 / 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%

3 bedrooms Villa in Konia, Paphos, Cyprus No. 50371

Bedrooms

137 sq.m.

Square

Parameters

Property Description

This gated complex consists of 3 bedroom villas and 2 bedroom houses. It is located in a community situated around a green parkland, in a desirable suburb of Paphos, Konia, famous for its sunsets.

The complex comprises 34 detached villas and 26 houses.

The village is favoured by locals and has a vibrant ex-pat community thanks to its convenient location and traditional amenities. The area is located just 3km or 5 minutes away by car to the town centre of Paphos and the largest International School in the region, making this the perfect family location.

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