+ 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 Bungalow in Tala, Paphos, Cyprus No. 57366

3

Bedrooms

3

Bathrooms

160 sq.m.

Square

Parameters

Property Description

Set on a large plot in Tala, this off-plan bungalow is due for completion in 2027 and comes with views that take in both the mountains and the sea. The single-story home measures 160 square meters and holds three bedrooms and three bathrooms, all arranged on the ground floor.

With three bathrooms serving three bedrooms, each room can function independently of the others, and the single-level layout keeps living, sleeping and bathing spaces on one plane. The finish throughout is modern.

Outside, the plot is large enough to hold a private swimming pool, giving the bungalow its own outdoor space rather than a shared one. The mountain and sea views extend from the plot itself, and amenities are within easy reach.

Tala sits inland in the hills of the Paphos district of Cyprus, a short distance from the coast. Its older core of traditional stone houses has spread outward with lower-density modern development of villas and bungalows on larger plots, and the surrounding slopes give many properties in the village their outlook toward the sea. It is this elevated setting, rather than the village center itself, that shapes what a property here looks out on.

Purple International Real Estate can talk you through the build schedule and arrange next steps for this Tala bungalow.

Features

Close to the beach

Close to the beach

Plastic windows with double glazing

Plastic windows with double glazing

Air Conditioners

Air Conditioners

Private pool

Private pool

Heating system

Heating system

Veranda

Veranda

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3 bedrooms Bungalow in Tala, Paphos, Cyprus No. 57366

3 bedrooms Bungalow in Tala, Paphos, Cyprus No. 57366

Features

Location

Close to the beach

Close to the beach

Features

Plastic windows with double glazing

Plastic windows with double glazing

Air Conditioners

Air Conditioners

Private pool

Private pool

Indoor facilities

Heating system

Heating system

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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