€ 860 000

€ 6 277 / 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. 55819

Bedrooms

Bathrooms

137 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Modern 3-bedroom villa, in the heart of the tourist area of Paphos. Minutes away from the beach by a walk, with easy access to various services and amenities necessary for any household. Great location as it is easily accessible, within short driving distance to monuments, historical sites and for fun. The Villa is surrounded by greenery, is private, and has a characteristic design that combines traditional and modern elements perfectly.