€ 1 166 000

€ 5 688 / 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%

3 bedrooms Villa in Kouklia, Paphos, Cyprus No. 54058

Bedrooms

205 sq.m.

Square

Parameters

Property Description

Away from the hustle of the city and situated within a short driving distance of a well-known resort in Paphos. 3 spacious bedrooms, an open-plan kitchen with a dining and living area, private parking, and a private pool within a large plot make it an ideal choice for people who prefer to be away from the busy city life.