| TRANSFER TAX | |
|---|---|
| up to €85 000 | 3% |
| €85 000 - €170 000 | 5% |
| over €170 000 | 8% |
| STAMP DUTY | |
|---|---|
| If the value of the property is less than € 171,000 | 0,15% |
| If the value of the property exceeds € 171,000 | 0,2% |
| VAT | |
|---|---|
| standard rate | 19% |
| reduced rate | 0-5% |
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4 bed villa for sale in Armou, Pafos, Cyprus, 596 m²
Environment
Sale of villa
Combined with the nice view of Mediterranean sea and the mountains above drove the architect to make the most of the surrounding landscape.
The creation of shaded and fluids open spaces was the solution adopted in this project. As for the volumetry of the building the choice was for pure material with little interferences. The house has two main volumes made of different materials -wood and concrete. They are stacked creating two large structural overhangings. Taking advantage of these shaded areas the living spaces can be expanded according to the season.
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Ongoing Ownership Costs
| Municipality Tax, annually | 0.02% |
| Communal Services fees, multi-residential complexes, monthly | €40-50 |
| Communal Services fees, private house, monthly | €60-200 |
| Sewerage Tax, annually | €60-75 |
| Electricity costs, monthly | about €50 |
| Water rates, monthly | about €50 |
| Telecommunication rates | €50-60 |
Additional Services Costs
| Legal support (one time payment) | 0.8%-1% |
Return on Investment
Property Price
Rental Cost
0%
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