+ 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%

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 27125

1

Bedrooms

1

Bathrooms

54 sq.m.

Square

Parameters

Property Description

The project is a luxurious apartment complex in Paphos, conveniently located in Geroskipou. A wide selection of restaurants, supermarkets, banks, and stores are conveniently available in the picturesque town that is tranquil and welcoming. The sleek architectural design of this beautiful complex is modern and upmarket, adding immediate value to this worthwhile investment opportunity in Cyprus. Constructed in contemporary styling that is smooth, sleek, and stylish, it will continue to grow in value with its timeless design. Unlike many seaside apartments in Paphos, this project has a lavish internal layout with spacious living areas and bedrooms that are elegant and inviting. Only high-end fixtures and fittings were used throughout with upgraded thermal aluminum windows, VRV technology cooling systems and underfloor heating beneath stylish Italian tiles. The bedrooms in these beautiful apartments in Paphos come with warm laminate flooring, wall mounted toilets and luxurious walk-in showers. The kitchens are equipped with high-end counters and top-of-the-line finishes, creating a modern and inviting atmosphere. Entertainment and leisure are available on the complex, with residents enjoying the stunning communal roof top pool that offers excellent views and total relaxation. For added security and convenience, there is plenty of parking space available with an alarm system. This is the perfect choice for young families and retired couples alike, providing a safe and secure residence.

Features

Veranda

Veranda

Car park

Car park

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 27125

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 27125

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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