+ 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. 27142

2

Bedrooms

2

Bathrooms

79.3 sq.m.

Square

Parameters

Property Description

This is the epitome of the modern apartment block.
The development will consist of 6x two-bedrooms apartments over three floors, offering very desirable facilities including a pool, covered parking, storage and Seaview. 
Situated in a prime location and key area in Paphos, a few minutes walk from the main road Tombs of the Kings but set back enough to hear the birds singing and for you to admire the view from your balcony. 
Features:
Porcelain Flooring
Grohe Sanitary ware
Smart Home
Modern Design
Walking Distance to the Beach
Covered Parking
Storage Room
Quite and Low Maintenance Complex
Communal Swimming Pool
Energy Efficiency A
Life-time Seaview
VRV Air-conditioning 
Remote controlled gates
GROHE sanitary ware

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. 27142

2 bedrooms Apartment in Paphos, Cyprus No. 27142

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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