€ 2 250 000

€ 6 338 / 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 Sea Caves, Pegeia, Paphos, Cyprus No. 8017

Bedrooms

Bathrooms

355 sq.m.

Square

Parameters

Property Description

Currently under construction in Sea Caves, this detached villa provides 355 m2 of internal space across a large plot.

The layout includes four bedrooms and four bathrooms, with underfloor heating fitted throughout. An internal elevator provides access between floors, and the main living spaces open out to panoramic sea views.

The exterior grounds feature a private swimming pool.

Sea Caves is a coastal locality in the Paphos district, situated just north of Coral Bay. The area consists of detached villas on spacious grounds along a shoreline of sea caves and natural rock arches. Paphos is around 30 minutes away by road.

Contact Purple International Real Estate for further details regarding this build.