3 bedrooms Villa in Pegeia, Paphos, Cyprus No. 58342

Bedrooms

126 sq.m.

Square

€ 520 000

€ 4 127 / 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

Project is conveniently located in the center of Peyia, resort area of Paphos, in walking distance from all the amenities (supermarkets, pharmacy, bakery, cafes and restaurants) and only a few minutes drive till Coral Bay with the best beaches of the area, lots of restaurants, bars and shops.
Villas are modern in design and equipment; from terraces on the roof open up beautiful views to the sea and sunset.

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

3 Bedrooms

126 sq.m.

+ VAT

3 Bedrooms

126 sq.m.

+ VAT

3 Bedrooms

126 sq.m.

+ VAT

3 Bedrooms

126 sq.m.

+ VAT