€ 816 000

€ 3 893 / 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 Pegeia, Paphos, Cyprus No. 56334

Bedrooms

Bathrooms

209.6 sq.m.

Square

Parameters

Property Description

For sale in Pegeia, this off-plan villa offers luxurious living with a total area of 209.60 sq.m. on a 664 sq.m. plot. The villa includes 3 bedrooms, 3 bathrooms, a kitchen, and a living room. Outdoor space is abundant, with 59.30 sq.m. of covered verandas and 118.30 sq.m. of uncovered verandas. The property also features air conditioning, a closed parking space, storage, and a swimming pool. Energy efficiency is assured with an A-rated energy certificate. Ideally located, the villa is close to the sea, seaside, and city center, providing stunning sea views. This villa combines modern living with a prime location.