3 bedrooms Villa in Tala, Paphos, Cyprus No. 52031

Bedrooms

207 sq.m.

Square

€ 860 000

€ 4 155 / 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

A development consisting of 3 bedroom villas, offering panoramic sea views of Paphos and Peyia Bay. The development is located in Paphos, Tala.

The properties consist of spacious interior areas and are designed to maximise the sea and mountain views surrounding the project from all internal areas.

Located just 9 minutes from Paphos center, Tala golfcourse and the beach and just 4 minutes to the village center, the complex is the ideal location for investment or to live permanently.

Specifications:

• Private swimming pool
• Roof garden
• A/C units
• Entrance gate
• Covered parking
• BBQ bench
• Alarm system
• Underfloor heating.

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