€ 885 000

€ 6 413 / 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 Geroskípou, Paphos, Cyprus No. 50671

Bedrooms

138 sq.m.

Square

Parameters

Property Description

A modern development of 15 villas in the Geroskipou Tourist Area in Paphos.

It offers residents the opportunity to enjoy the Mediterranean lifestyle at its finest. With the beach only moments away and nearby access to restaurants, cafes, hotels, and amenities, the development blends relaxed coastal living with everyday convenience.

Each villa has been thoughtfully designed to provide spacious interiors and seamless indoor-outdoor living.

Main features:

• Private swimming pool
• 4.8 kW photovoltaic system with solar panels
• Provision for battery storage for future energy independence
• VRV cooling system
• Underfloor heating system (water with hydrokit)
• High ceilings and high doors in all rooms
• Full thermal insulation
• Energy-efficient slimline aluminium windows
• Barbeque area at kitchen level.

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