Anarita Valley

Anarita | Paphos | Paphos | Cyprus

from £104,012 to £161,699

Anarita Valley, Paphos, Cyprus
Swimming Pool and Apartments at Anarita Valley
Poolside at Anarita Valley
Sunloungers and Pool at Anarita Valley, Cyprus
Anarita Valley, Paphos, Cyprus
Gym at Anarita Valley, Paphos, Cyprus
Anarita Valley Pool and Townhouses
Anarita Chorio

Anarita Valley, Paphos, Cyprus.

Lovely apartments and townhouses for sale surrounded by lush green countryside views in Cyprus.

Anarita Valley is an attractive development of apartments and houses on the outskirts of the traditional Cypriot village of Anarita, set in a gently sloping valley, the project is surrounded by lush green fields.

Anarita Valley comprises a total of sixty-eight houses and forty apartments, all with contemporary, functional designs. Several houses and ground floor apartments boast private gardens and driveways.The apartments have one or two bedrooms and many enjoy en-suites, while the townhouses have two bedrooms. The extensive uncovered verandas are ideal locations for al fresco dining and entertaining.

The carefully positioned 2 bedroom townhouses have private gardens and several enjoy roof terraces. The grounds encompass outstanding leisure facilities, including two large outdoor pools featuring impressive central waterfalls. Two large leisure areas with paved walkways and beautifully landscaped gardens create an open feeling within the development. Discreetly situated within the development is a private gym with state of the art equipment, offering residents an excellent facility in which to work out on a daily basis.

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Buyers Guide

Purchasing property at Coral Vista.

* Prices quoted are excluding VAT. Please speak to us today for more information.

We are pleased to offer a selection of properties for sale at Coral Vista. To discuss your requirements, current availability and pricing simply enquire now and we will be happy to assist you in purchasing a home at Coral Vista, Cyprus.


Mortgages are available from the Bank of Cyprus, and other institutions, using the property in Cyprus as security.

A rough guide to the mortgage schemes:

  • Generally a loan of up to 60% (subject to status).
  • Maximum duration of up to 30 years. Minimum 8 years. Upper age 65.
  • Maximum loan up to €1,000.000 for purchase of holiday home.
  • Bank arrangement fees 50% on loan amount. Documentation fees €75.
  • Lending fees: Eurobor + 4.25%.

(Mortgage terms vary according to the status of the borrower – this is a rough guide only.)

Financial Incentives from the Cypriot Government to Buyers of New Properties

The Cypriot Government has introduced a framework of investment and business incentives to develop economic growth and encourage international investment to the country.

These incentives include:

  • Reduced VAT for new properties; first time buyers of new properties will be eligible to be charged at 5% VAT on the value of the purchase instead of the normal rate of 19% VAT. Total covered area not more than 327m² – VAT 5% for the first 200m² and 19% for the remaining area of up to 75m at 52m is deductible.
  • Properties over 327m² attract 19% VAT.
  • Transfer of Title; is actioned once the property has been handed over. At this time, the District land Registry Office will charge Transfer fees, based on the market value of the property at the time of purchase and calculated as follows: Value of property:Up to €85,000 – 3% €85,000 - €171,000 – 5% €171,000 and over – 8%. For reservations of new property during 2017, where VAT is paid, the Land Registry will take the difference in purchase price stated in the contract and the valuation upon transfer and assess the transfer tax value. 50% of the above percentage will then be charged on the difference.
  • Stamp Duty; On signing of the contract the purchaser is liable to pay stamp duty at the rate of .15% from €5,000 - €170,000 and at 0.2% thereafter, with a cap of €20,000. This is charged on property purchase and payable within 30 days of signing.
  • IPT; Immovable Property Tax – abolished as of January 2017.
  • Capital Gains Tax; is 20% on the gain but the first €17,086 is exempt. If there are two owners on the original contract of sale then the tax allowance can be up to €34,172 (two allowances maximum). There is a double taxation agreement between Cyprus and many other countries of the world.
  • Inheritance Tax; no inheritance tax.
  • Tax Advantages; Retirees drawing a pension are exempt from withholding taxes at source and may be taxed on the nominal rate of about 5% or less, depending on their income. Cyprus has double taxation treaties with many countries, safeguarding its residents from paying tax in both countries. No duty is levied on cars for retirees or personal effects.

Local Area

The Location: Anarita, Paphos, Cyprus

With easy access to Pafos International Airport and only few minutes drive from three different golf courses, Anarita village is located 14 km from the bustling town of Pafos and only a short drive to Limassol.

Anarita is an important agricultural village thanks to its hardworking inhabitants and the fertile natural surroundings.

Paphos, with it's charming harbour and medieval fort, is close by and offers cosmopolitan living, beautiful scenery and significant historical sites. It was the capital of Cyprus for 600 years in ancient times and its archaeological legacy is such that UNESCO put the whole town on its World Cultural Heritage list.

The charm of this historic city is complemented by a vast array of stunning beaches, perhaps the best on the island, an excellent selection of stylish cafes and restaurants, modern amenities, a buzzing nightlife and many interesting attractions. It is also home to Cyprus' national park, the Akamas.

Cyprus is easily accessible, with daily flights from the UAE, Russia, UK and numerous other European destinations, as well as easily accessible from mainland China via daily flights from Dubai, Abu Dhabi and Moscow.

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Resort Brochure

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Josh Hawker

Talk to Josh Hawker

Find out more about buying a new home in Cyprus

Call Josh Hawker today on +44 (0)1202 76511 or send an email to [email protected].

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