€ 1 800 000

€ 6 642 / 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%

5 bedrooms Villa in Pegeia, Paphos, Cyprus No. 58228

Bedrooms

Bathrooms

271 sq.m.

Square

Parameters

Property Description

Overlooking the water with open sea views, this off-plan detached villa in Saint George, Peyia, provides 271 m2 of internal living space across a large private plot.

Five bedrooms and five bathrooms are arranged across the interior, with underfloor heating installed throughout the entire layout. An optional furnishing package is also available to complete the living and dining areas.

Outside, the grounds incorporate a private swimming pool, a dedicated gym, and access to a golf course, all positioned within a secure gated complex.

Saint George is a coastal settlement that lies directly west of the town of Peyia. Detached villas on individual plots comprise the surrounding area. The shoreline opens onto the western edge of the Akamas Peninsula.

Contact Purple International Real Estate to register your interest.