+ 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. 25376

2

Bedrooms

90 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: 2 and 3 bedroom apartments in a complex with a swimming pool and garden in a top location in the tourist area of Kato Paphos, 5 minutes walk from the sea and 3 minutes walk from bars, restaurants and shops, 10 minutes walk to Kings Avenue Mall!

The complex is for rent in May 2024 - already this season you will be able to relax in your own luxury apartment on Aphrodite Island while permanent residence is being arranged for you and your family members!

• Property type: apartments
• Area: from 90 m2
• Number of bedrooms: 2-3
• Number of units: 2
• A place in an indoor parking lot
• Storeroom
• Distance from the sea 500 m
• The center of the tourist area
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Equipped with
• Ideal for permanent residence and recreation
• Excellent investment potential
• The possibility of obtaining permanent residence
• Cost from 349,000 euros + VAT

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

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2 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 25376

2 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 25376

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