€ 1 200 000

€ 5 317 / 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 Geroskípou, Paphos, Cyprus No. 54442

Bedrooms

Bathrooms

225.7 sq.m.

Square

Parameters

Property Description

For sale: A luxurious villa in Geroskipou, designed to provide the ultimate living experience. This spacious 225.70 sq.m. villa is situated on a 600 sq.m. plot and includes 42.60 sq.m. of covered verandas, ideal for outdoor relaxation. The property features five generously sized bedrooms, three modern bathrooms, a stylish kitchen, and a comfortable living room. It also offers underfloor heating and air conditioning, ensuring year-round comfort. A closed parking space for one vehicle is included for added convenience.
With an A-rated energy certificate, this villa is both efficient and sustainable. Currently under construction, it is perfectly located close to the sea, seaside, major mall, and city center, providing easy access to essential services and leisure activities. Additional amenities include ample storage space and a swimming pool, making it an ideal choice for those seeking luxury and convenience.
This villa represents an excellent investment opportunity in a prime location. Contact us for more details and to schedule a viewing.