3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 56527

Bedrooms

157 sq.m.

Square

€ 465 000

€ 2 962 / 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

Property Description

Discover a collection of beautifully designed, detached residences set in a quiet, sought-after residential area of Geroskipou (Paphos) just minutes from the beach, city center, and a major shopping destination. Each home features bright, open-plan living and dining spaces with high ceilings, modern finishes, and a private outdoor terrace ideal for entertaining or unwinding.

Thoughtfully finished throughout, the residences include energy-efficient design, concealed air-conditioning, and premium fixtures, with the option to personalize interior selections. A rooftop terrace with space for outdoor dining and lounging completes each home - perfect for enjoying the Mediterranean lifestyle.

Close to international schools, the motorway, and everyday amenities, these homes offer the perfect balance of tranquility and convenience.

The Project has EPC certificate with "A" Energy Efficiency Rating.