3 bedrooms Villa in Kissonerga, Paphos, Cyprus No. 54759

Bedrooms

Bathrooms

147 sq.m.

Square

€ 474 000

€ 3 224 / 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%

Parameters

ID

54759
City

Cyprus
Type

Villa
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Total floors

2
Bathrooms

3
Square

147 sq.m.
Land area

247 sq.m.
Veranda area

14 sq.m.
Completed

No

Property Description

An exclusive collection of eight contemporary two-storey houses in the serene village of Kissonerga, just 2 minutes from one of the best beaches in Cyprus. The development sits on a plot of 2,256 m² with 398 m² of green areas, and each house comes with a separate title deed.

Each residence offers three bedrooms, three bathrooms, 147 m² of covered area plus a 14 m² covered veranda, a storage room and covered parking behind automated electric entrance gates. Water-based underfloor heating with independent zoning on each level — a clear marker of the project's high standard — is included in the price, together with a 5.2 kW photovoltaic system, split-unit air conditioning, an alarm system with a 4-camera CCTV network and an outdoor barbecue area at kitchen level. A private swimming pool can be constructed as an upgrade for €25,000 plus VAT. Ideal for permanent living or a holiday home with strong rental potential, close to beaches, restaurants, shops and Paphos town.

The main features of the project and the units:

• Water underfloor heating with independent zoning on each level
• 3 bedrooms and 3 bathrooms
• 2 minutes from the beach
• 2 kW photovoltaic system
• Split-unit air conditioning
• Alarm system and 4-camera CCTV
• Outdoor BBQ area
• Storage room
• Covered parking with automated electric gates
• Private swimming pool available as an upgrade (€25,000 + VAT)
• Separate title deeds

The project has an EPC certificate with "A" energy efficiency rating.