Paphos villa, €600,000, 210 m²

A larger new build above the covered area cap, where the standard VAT rate applies to the entire price regardless of value.

Why this one is interesting

Area and value are independent caps and either one alone removes the relief. Here the price is also high, but it is the covered area that does the damage. Buyers frequently discover this only when the developer's VAT invoice arrives, because brochure floor areas often differ from the planning figure.