4 bedrooms Villa in Paphos, Cyprus No. 52196

4

Bedrooms

158 sq.m.

Square

+ 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

Situated on the shoreline of Paphos city, right next to the renowned sandy "Venus Beach" and steps away from the Aspire International school. The resort's central location in Paphos city provides easy access to all the necessary facilities. Additionally, the resort boasts a 24-hour clubhouse reception, an on-site restaurant and bar, property management services such as cleaning and chauffeurs, as well as a five-star spa and gym.

This seafront resort offers both luxury apartments and exclusive villas with a variety of high-end facilities and 5-star services within the resort.

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

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

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