+ 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. 56224

3

Bedrooms

3

Bathrooms

177.5 sq.m.

Square

Parameters

Property Description

For sale in Geroskipou, a well-maintained detached house offering 177.50 sq.m. of living space on a 298 sq.m. plot. This property features 3 spacious bedrooms, 3 modern bathrooms, a fully equipped kitchen, and a comfortable living room. It also boasts a 38 sq.m. covered veranda and a 16.98 sq.m. terrace, ideal for outdoor relaxation. The house includes air conditioning and has an energy efficiency rating of A, ensuring comfort and cost-effectiveness. Additional amenities include a 22.70 sq.m. closed parking space, storage room, and a private swimming pool. The property is in very good condition, ready for immediate occupancy.

Features

Private parking

Private parking

Swimming pool

Swimming pool

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3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 56224

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 56224

Features

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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