+ 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 Chloraka, Paphos, Cyprus No. 54390

3

Bedrooms

3

Bathrooms

203 sq.m.

Square

Parameters

Property Description

A modern detached house for sale in Chlorakas, covering 203 sq.m. on a 361 sq.m. plot. This new development includes 3 spacious bedrooms, 3 contemporary bathrooms, a fully-equipped kitchen, and a cozy living room. It offers a closed parking space for convenience. The property features central and underfloor heating, as well as air conditioning, ensuring year-round comfort. With an energy certificate rating of A, this home is energy-efficient. Situated close to the sea, seaside, mall, and city center, it provides beautiful sea views. Additional amenities include storage space, a swimming pool, a security alarm system, and solar panels. Pets are allowed, making it a perfect home for families.

Features

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

Sea view

Sea view

Alarm system

Alarm system

Solar panel for water heating

Solar panel for water heating

Similar Property

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3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 57466

980 000

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IV quarter, 2024

203 sq.m.

2 170 000

3 Bedrooms

203 sq.m.

+ VAT

2 240 000

3 Bedrooms

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+ VAT

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 54390

3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 54390

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

Sea view

Sea view

Features

Alarm system

Alarm system

Solar panel for water heating

Solar panel for water heating

Floor heating in all rooms

Floor heating in all rooms

New development project

New development project

Indoor facilities

Private parking

Private parking

Outdoor features

Pets allowed

Pets allowed

Swimming pool

Swimming pool

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