3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 56876

Bedrooms

144 sq.m.

Square

€ 712 888

€ 4 951 / 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

A private manor community set on the quiet edge of a heritage coastal city of Paphos, offering low-density living within a gated enclave of detached homes. Each residence pairs a clean, ivory façade with an interior courtyard, private pool, and rooftop garden. Inside, warm materials and considered detailing carry through every room, from an open living-dining-kitchen anchored by a fireplace to a master suite designed as a true private retreat.

Beyond the walls, daily life stays close at hand - beaches, international schools, healthcare, golf, and the airport all within easy reach - while the surrounding city offers a slower, more livable pace than typical urban centers.

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