+ 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 Geroskípou, Paphos, Cyprus No. 54400

3

Bedrooms

2

Bathrooms

161 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Inspired by neoclassical style , The project attracts investors who want to build a warm home
for their family. The layout includes 3 bedrooms, 1 study room, 2 bathrooms, 1 restroom. The living room
space is spacious, with a cozy Marble fireplace, 3m high ceiling , and separated from the kitchen. The large
kitchen includes a cooking area, a very comfortable kitchen island and is covered with delicate-looking
natural marble and a dining table. Furthermore, the wall-mounted kitchen cabinet system provides more
living and cooking space in the kitchen. The kitchen consist of magnetic closing system cabinets. The
kitchen cabinet surface is made from shiny, luxurious laminate wood that is heat-resistant, scratch-resistant,
waterproof and highly durable.
The main door is made from high-quality wood imported 1 whole panel of wood from Italy.
Each city villa will be completed soon with quality finishes including European tiles flooring, parquet in all
areas of the villa, Marble upgraded kitchen, Marble vanity tops, and bathroom finishes. This stunning
property features, double glazed and high quality of aluminum for windows and doors that makes this
property the perfect blend of elegance and comfort. These Villas have modern interior design which reflects
the creativity of our architects and interior designers. The project also offers covered private parking,
landscaped gardens and is just a alive residence area

Features

Close to shopping malls

Close to shopping malls

City center

City center

School

School

Garden

Garden

Park

Park

Supermarket

Supermarket

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+ VAT

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431 200

3 Bedrooms

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3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 54400

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 54400

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Outdoor features

School

School

Garden

Garden

Park

Park

Supermarket

Supermarket

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