+ 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 Paphos, Cyprus No. 26104

2

Bedrooms

2

Bathrooms

75 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

Nestled in a quiet residential area of Paphos, this four-floor development consists of 7 spacious and contemporary one- and two-bedroom apartments. With only 7 units in total, this superb project boasts just 2 apartments per floor. The top floor consists of a single two-bedroom penthouse with a large roof terrace offering unparalleled sea and mountain views. All residences are finished with an array of stylish features including marble and wooden floors, granite worktops, hand crafted wood kitchen and wardrobes and the finest sanitary fittings. The combination of these luxurious properties and the unbeatable location make this an ideal investment for either buy to let or permanent living.

Features

Veranda

Veranda

Car park

Car park

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

2 bedrooms Apartment in Paphos, Cyprus No. 26104

2 bedrooms Apartment in Paphos, Cyprus No. 26104

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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