3 bedrooms Villa in Konia, Paphos, Cyprus No. 51737

Bedrooms

137 sq.m.

Square

€ 550 000

€ 4 015 / 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%

Parameters

Property Description

This premium development of 24 modern villas, featuring elegant 3- and 4-bedroom homes, is located in the peaceful area of Konia, Paphos and offers sea views and contemporary living.

Each home includes underfloor heating throughout and a VRF cooling system.

With easy access to the highway, Paphos International Airport, beaches, schools, and local amenities, the complex s is ideal for both living and investment in a prime location.

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