€ 270 000

€ 4 030 / sqm

+ 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. 25372

Bedrooms

67 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A complex of 7 apartments with 1-2 bedrooms, 5 minutes walk from the sea, 3 minutes walk from bars, restaurants and shops in the center of the tourist area on a quiet street, for rent in May 2024. Excellent location, excellent quality, reasonable price + the possibility of obtaining permanent residence.On the roof of the four-storey building there is a communal swimming pool and a relaxation area with stunning sea views and unforgettable sunsets.

• Property type: apartments
• Number of bedrooms: 1-2
• Number of units: 1-2
• Area from 60 to 92 m2
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Household appliances
• Air conditioners
• Parking
• Storeroom
• Energy efficiency class A
• Elevator
• Children's playground
• Distance from the sea 500 m
• The deadline is May 2024
• The possibility of obtaining permanent residence

The cost is from 270 to 405,000 euros plus VAT

More detailed information, availability of apartments, layouts, additional photos, live screenings: whatsapp/viber/telegram

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