€ 2 950 000

€ 8 194 / 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%

5 bedrooms Villa in Paphos, Cyprus No. 53324

Bedrooms

Bathrooms

360 sq.m.

Square

Parameters

Property Description

For sale: A stunning detached villa currently under construction, offering the perfect blend of space and comfort. With an impressive 360 m² internal area, this modern property features five spacious bedrooms and five bathrooms, designed for luxury living. The villa includes a versatile basement, ideal for a games room, gym, or extra storage.

Set on a large plot in the picturesque area of Akamas, the villa boasts breathtaking panoramic and sea views. Akamas is renowned for its natural beauty, tranquil walks, and crystal-clear waters, making it a truly unique location for those seeking privacy and relaxation in a scenic landscape.

Enjoy outdoor living with a private swimming pool and expansive terraces, perfect for entertaining or unwinding while taking in the impressive views. The property, set for completion in 2026, promises the highest standards of contemporary design and construction.

This exceptional villa offers a rare opportunity to own a brand new home in one of the most beautiful and unspoiled areas of the region. For more information or to arrange a viewing, please contact Purple International Real Estate.