€ 620 000

€ 5 628 / 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 Bungalow in Pegeia, Paphos, Cyprus No. 54811

Bedrooms

Bathrooms

110.16 sq.m.

Square

Parameters

Property Description

For sale: Modern bungalow under construction in the sought-after area of Peyia, Peyia. This stylish home offers a comfortable internal space of 110.16 m², all conveniently situated on the ground floor. The thoughtfully planned layout features three spacious bedrooms and two contemporary bathrooms, ideal for families or those looking for single-level living.

Enjoy year-round comfort with a central AC system and efficient underfloor heating throughout the property. Step outside to your own private swimming pool, the perfect spot to relax while taking in beautiful sea views. The bungalow is set within a secure, gated complex, providing peace of mind and a sense of community.

Peyia, Peyia is well-known for its charming atmosphere, blending natural beauty with everyday convenience. Residents benefit from being close to a range of amenities including shops, cafes, and essential services, all while enjoying the tranquility of the surrounding landscape.

This property is available with optional furnishing for added convenience. It offers a fantastic chance to create your dream home in one of the region's most desirable locations. For more information or to arrange a viewing, please contact Purple International Real Estate.