+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

1 bedroom Apartment in Kato Paphos, Paphos, Cyprus No. 19099

1

Bedrooms

50 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A chic apartment complex at the initial stage of construction and the possibility of installment payment for 2.5 years offers a choice of apartments of various configurations for every taste and budget. The complex is located in the heart of Paphos, a 7-minute walk from the sea, the promenade, restaurants, shops, Kings Avenue Mall, with excellent and fast access to the motorway. Less than 10 minutes drive from both international schools located in Paphos - ISOP and Aspire. 20 minutes drive from Paphos International Airport - Location, location, location!!!Excellent quality of construction, modern ergonomic design, practical use of space, innovative architectural solutions - all this is in the new exclusive project!

• Property type: apartments
• Number of bedrooms: from 1 to 3
• Number of floors: 8
• Parking
• Energy consumption class A
• Distance from the sea 500 m
• Distance from Kings Avenue Mall 500 m
• Distance from Paphos International Airport 20 km
• Investment potential
• Rental potential
• Possibility of obtaining permanent residence
• Installment payment for 2.5 years
• Cost from 213 thousand euros + VAT

More detailed information, layouts, specifications, screenings, booking questions and payment options: whatsapp/viber/telegram

 

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1 bedroom Apartment in Kato Paphos, Paphos, Cyprus No. 19099

1 bedroom Apartment in Kato Paphos, Paphos, Cyprus No. 19099

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