+ 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. 26023

2

Bedrooms

2

Bathrooms

95.2 sq.m.

Square

Parameters

Property Description

This unique Apartment with 2 bedrooms, located in one of the most privileged areas, of Kato Paphos which is the first High Rise Building. This two high rise towers consisting shops, restaurants, swimming pool, cafe and bars incorporating lush landscaped gardens. The elegant community boast exceptional facilities including reception, concierge, a full treatment and relaxation area with spa, gym, sauna and steam bath, extensive gardens, private underground parking with storage room, with a beautiful sandy beach just opposite the project.

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

2 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 26023

2 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 26023

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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