156 sq. m., 2 baths, 3 bdrm 2 story – SOLD – Peyia
Peyia, Paphos – This project consists of four luxury villas in the very popular village of Peyia, situated in a beautiful green valley overlooking the Mediterranean Sea. The Villa’s are designed with two bedrooms on the first level and one self-contained bedroom with ensuite, lounge area and super-sized veranda on the upper level. The houses are close to Peyia village center with all amenities and tavernas and just 5 minutes to the beautiful sandy Coral beach.
With the end of 2026 approaching, buyers considering a new-build or off-plan property should check their eligibility and the property's VAT status now rather than leaving it until the last minute. The standard VAT rate applicable to qualifying new residential property in Cyprus is generally 19%.
However, eligible purchasers buying or constructing a home to use as their primary and permanent residence may qualify for the reduced 5% VAT rate, subject to the applicable requirements.
Join The Discussion