€ 175 000

€ 3 302 / sqm

+ 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. 27176

Bedrooms

Bathrooms

53 sq.m.

Square

Parameters

ID

27176
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

1

Floor

1
Bathrooms

1
Square

53 sq.m.
Veranda area

12 sq.m.
To sea

2.5 km
Completed

No

Property Description

Welcome to your Ideal Home in Pafos, Cyprus
Discover an exclusive residential project comprising of just 9 exquisite apartments spread across three identical floors. Each floor offers a perfect blend of two 1-bedroom and one 2-bedroom apartments, complemented by convenient allocated parking spaces on the ground floor.
Recent years have seen sea-side developments on Pafos' riviera enjoy remarkable rental yields and substantial capital appreciation. The project stands poised to follow suit, making it an exceptional prospect for both independent buyers and shrewd investors.
If you're seeking an exceptional living experience or a lucrative investment opportunity in Pafos, this amazing property is your answer. Don't miss out on this fantastic chance to be a part of the thriving Pafos community!

Features

Veranda

Car park