3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 52827

Bedrooms

145 sq.m.

Square

€ 592 250

€ 4 084 / 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 collection of three-bedroom villas nestled in the picturesque village of Geroskipou, Paphos, surrounded by lush greenery and a vibrant neighbourhood. Each villa is designed to deliver contemporary elegance, offering tranquillity while remaining close to everything Paphos has to offer.

Perfectly positioned within easy reach of golf courses, a popular blue flag beach, schools and Paphos International Airport, the development combines convenience with a sophisticated island lifestyle.

Every villa features generous open-plan living spaces that flow into private outdoor areas with a swimming pool, BBQ and entertainment area, spacious patio and garden, and private parking. Interiors are finished with premium materials and high-quality craftsmanship throughout.

Each home includes en-suite walk-in wardrobe, large family bathroom, guest WC and laundry room, with provisions for underfloor heating, photovoltaic system and air conditioning. Ideal for permanent living, a holiday retreat or an investment.

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