3 bedrooms Villa in Chloraka, Paphos, Cyprus No. 58205

Bedrooms

Bathrooms

147 sq.m.

Square

€ 842 000

€ 5 728 / 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 two-storey three-bedroom villa in a gated hilltop resort in Chlorakas, the nearest northern suburb of Paphos, enjoying open sea views. The villa offers 147 m² of internal space over two levels, with three bathrooms and a guest WC. Outdoor living is generous: a covered veranda extended by a large pergola-covered terrace and spacious uncovered verandas, set on a plot of 415 m² with a private 8.5 by 4 metre swimming pool included in the price.

Residents of the resort enjoy landscaped communal grounds and easy access to the amenities of Paphos, its beaches and the harbour, just a short drive away.

The main features of the project and the units:

• Sea views
• Private swimming pool 8.5 x 4 m (included in the price)
• Two levels
• Three bathrooms and a guest WC
• Covered veranda with a large pergola-covered terrace
• Spacious uncovered verandas
• Plot of 415 m²
• Gated hilltop resort setting

The project has an EPC certificate with "A" energy efficiency rating.