3 bedrooms Villa in Tala, Paphos, Cyprus No. 57696

Bedrooms

163 sq.m.

Square

€ 750 000

€ 4 601 / 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

This exclusive collection of 12 3- and 4-bedroom villas is set on generous private plots in Paphos’s prestigious area of Tala. Each villa is designed to combine modern architecture with spacious, light-filled interiors, creating a perfect home for families, entertaining and relaxed Mediterranean living.

Premium Features:

• Underfloor heating
• VRF climate control system
• High-quality finishes and fittings
• Elegant flooring throughout
• Advanced thermal insulation.

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