€ 780 000

€ 5 098 / 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 Chloraka, Paphos, Cyprus No. 50375

Bedrooms

153 sq.m.

Square

Parameters

Property Description

This development is located on the outskirts of Chloraka, Paphos. The project includes seven sea view villas with private pools and three bedrooms. The project is close to the restaurants, bars, shopping mall, private school, hotels, and supermarkets. Its excellent location allows the owner to enjoy the spectacular views of the Mediterranean Sea and the scenic sunsets.

Other specifications:

• VRV technology cooling system
• Alarm system
• Underfloor heating
• Private parking space
• Fully furnished
• Walking distance to the coastline.

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