€ 1 109 000

€ 7 296 / 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 Coral Bay, Pegeia, Paphos, Cyprus No. 50921

Bedrooms

Bathrooms

152 sq.m.

Square

Parameters

Property Description

For sale is a modern detached villa under construction in the sought-after area of Coral Bay. This home offers 152 square meters of internal space, designed with comfort and style in mind. There are three spacious bedrooms and three well-appointed bathrooms, making it perfect for families or those who love to entertain.

The villa is part of a secure gated complex that ensures privacy and peace of mind. Enjoy luxurious touches such as underfloor heating, an optional furnished package, and your own private swimming pool. Residents also have access to a well-equipped gym within the complex.

Coral Bay is known for its beautiful sandy beaches, lively atmosphere, and a wide variety of restaurants, cafes, and shops. The area is popular with both locals and visitors, offering a relaxed yet vibrant lifestyle. Essential amenities are close by, making everyday living convenient and enjoyable.

This property achieves Energy Efficiency A, ensuring lower energy costs and a comfortable environment throughout the year. For more information or to arrange a viewing, please contact Purple International Real Estate today.