€ 1 375 000

€ 6 865 / 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%

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 7946

Bedrooms

Bathrooms

200.28 sq.m.

Square

Parameters

Property Description

A state-of-the-art project is an address that will take your breath away from the moment you enter. Set in one of the most desirable locations in Chloraka, Paphos, these properties are on the beachfront offering awe-inspiring views of the Mediterranean and beyond.

This 4 bed villa is a modern, high-end Cyprus property designed with premium fixtures and finishes, affording a lifestyle that is second-to-none.

Property Features:

Levels: 3 ( Ground Floor / First Floor / Roof )

Plot Area: 428 m²

Covered Area: 200.28 m²

Verandas: 115.26 m2

Features: *Living Room*Dining Room*Kitchen*Private Garage Parking*Private Swimming Pool*Roof Garden

Bedrooms: 4

Bathrooms: 4

Optional lower ground level

Chloraka is located 3 km north of Paphos Town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chloraka’s location was put on the map in March 1998 when the cargo shop Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.