Price:€250,000 – This idyllic 2728 sqm residential land is situated in the highly sought-after neighbourhood of Sea Caves, famous for its natural environmental beauty and luxury homes. The amenities of Peyia and Coral Bay are just a few minute’s drive away.
Peyia Residential Plot with Sea Views – Property # 985
Price:€150,000 – This prime 864 sqm residential building land is ideally located in the popular village of Peyia. Amenities within easy reach include supermarkets, bakeries, shops, restaurants, bars and local medical centre. The beautiful sandy beaches of Coral Bay are only a 5 minute drive away.
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.
by Cleo Shahateet
Join The Discussion