€ 2 650 000

€ 7 794 / 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 Empa, Paphos, Cyprus No. 8163

Bedrooms

Bathrooms

340 sq.m.

Square

Parameters

Property Description

A magnificent 4 bedroom detached bungalow built in a massive plot of 6398 m2 in one of the best locations of Emba Village with lovely views of the Mediterranean Sea. This luxury property is beatifully designed in high quality with very nice and modern finishes and to high standards.

The villa comes with 4 spacious bedrooms all with en suite bathrooms, fully furnished, with central heating and is air conditioning throughout. There has been great attention to detail paid throughout the villa and all fixtures and fittings are of excellent quality. There is a private swimming pool on the grounds, however, it has not been completed.

Paphos center is 7 minutes drive, is 5 minutes drive to Paphos International School, 8 minutes drive to Coral bay area, 20 minutes drive to Paphos International airport and within 20 minutes drive to 3 Championship Golf Courses.

Emba is one of the largest villages in Paphos located approximately 4km north of Paphos Town. Here you will find the ancient church of Panayia Chryseleoussis, built in the 12th Century this church holds prime position within the village square. Emba has a few shops, tavernas and a theatre dotted along the narrow winding road which runs through the village. This is an extremely traditional village, most days you will see the Cypriot men sitting outside their local coffee shops often spilling out onto the streets drinking coffee, putting the world to rights and playing a local board game tavli (English alternative to backgammon). Emba sits 135m above sea level.