€ 425 000

€ 3 795 / 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 Pegeia, Paphos, Cyprus No. 50994

Bedrooms

112 sq.m.

Square

Parameters

Property Description

This contemporary development of 26 villas is located on the hills of Peyia, Paphos. It offers residents a communal swimming pool, private gardens and bright, open living spaces.

The development combines calm surroundings with convenient access to everyday amenities, schools, restaurants and local shops. Just a few minutes from the famous Coral Bay, the location provides easy access to the best beaches, dining options and the scenic Akamas Peninsula, while being only a 20 minutes drive from Paphos.

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

Features

Common area with pool

3 Bedrooms

112 sq.m.

+ VAT

3 Bedrooms

112 sq.m.

+ VAT

3 Bedrooms

112 sq.m.

+ VAT

3 Bedrooms

112 sq.m.

+ VAT