€ 587 100

€ 4 049 / 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 Geroskípou, Paphos, Cyprus No. 54490

Bedrooms

Bathrooms

145 sq.m.

Square

Parameters

Property Description

For sale: A modern, off-plan detached villa in the sought-after area of Geroskipou. This stylish home offers a spacious internal area of 145 m2, featuring three comfortable bedrooms and two contemporary bathrooms.

5% V.A.T Applicable- Suitable for Fast Track Permanent Residency

Enjoy open-plan living spaces that blend comfort and functionality, ideal for both family life and entertaining guests. Large windows invite natural light throughout, while sliding doors lead to your private swimming pool, perfect for relaxing or hosting poolside gatherings. The villa comes unfurnished, allowing you to personalize each room to your taste.

Set within a secure, gated complex, this property provides peace of mind and exclusivity. Geroskipou is recognized for its blend of traditional charm and modern conveniences. Residents appreciate easy access to shops, restaurants, and local amenities, as well as the nearby golf course for leisure and recreation.

This unique opportunity is perfect for those seeking a modern lifestyle in a desirable location, with completion scheduled for 2028. Proudly advertised by Purple International Real Estate, contact us today to learn more or arrange a viewing.