+ 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 Penthouse in Paphos, Cyprus No. 27108

2

Bedrooms

2

Bathrooms

81 sq.m.

Square

Parameters

Property Description

Nestled in the heart of Universal, this amazing project brings the city to your doorstep. Walk just minutes to the American University (800m), Paphos Harbour (1.3km), Town Centre (1.3km), Kings Avenue Mall (1km), and the sandy beach (1km) – ensuring that convenience is your constant companion.
Discover a collection of 20 apartments, featuring 2 luxurious penthouses. Complex contemporary architecture blends seamlessly with its surroundings, offering a space that's both sophisticated and timeless.
Delight in the refreshing pool, stay active in the gym, and unwind in the welcoming lobby. The project presents a range of amenities that cater to every aspect of your lifestyle.
Experience the perfect balance between style and comfort within your home – where every detail is designed to create an atmosphere of serenity and elegance.

Features

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 Penthouse in Paphos, Cyprus No. 27108

2 bedrooms Penthouse in Paphos, Cyprus No. 27108

Features

Outdoor features

Car park

Car park

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