€ 360 000

€ 3 600 / 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%

2 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 25373

Bedrooms

100 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: The new building offers the last 2 apartments with 2 bedrooms - ready - May 2024!

First-class finishes, built-in furniture, household appliances, air conditioners, underfloor heating, a rooftop pool, the possibility of obtaining permanent residence - the city center is 1.5 km from the sea + developed infrastructure!

• Property type: apartments
• Number of bedrooms: 2
• Number of units: 2
• Area of 100 m2 (internal usable area)
• Parking in the covered parking lot
• Storeroom
• Rooftop pool
• High-quality finish
• Built-in furniture
• Household appliances
• Air conditioners
• Underfloor heating
• The possibility of obtaining permanent residence
• Distance from the sea 1.5 km
• Date of commissioning: 05/2024
• Energy efficiency class: A

Cost from 360,000 to 385,000 euros + VAT

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