€ 1 186 000

€ 6 777 / 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. 54130

Bedrooms

175 sq.m.

Square

Parameters

Property Description

An outstanding 3 bedroom villa, in a huge plot among the countryside, within a short drive to a golf court and the beach.
Open-plan rooms, with high-end finishes and amenities, make it a great investment for a permanent home and for a holiday getaway.
It enjoys great landscape views, with its own private swimming pool and a landscaped garden.