€ 225 000

€ 5 625 / 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%

Studio Apartment in Geroskípou, Paphos, Cyprus No. 27299

Studio

Bedrooms

Bathrooms

40 sq.m.

Square

Parameters

Property Description

A luxury gated development in Kato Paphos that consists of 50 units. Studios, one bed, two bed, 3 bedroom properties.
Reception, underground parking, gym, breakfast area, common pool area.This exclusive development, strategically located in Kato Papho - Geroskipou, beckons those seeking not just a residence but a lifestyle. Situated in the coveted location of Geroskipou, project boasts a prime address, within walking distance from the sea, Kato Paphos, the Mall, and an array of renowned restaurants. This gated project comprises 50 meticulously designed units, ranging from 1 to 3 bedrooms, each a testament to modern luxury and comfort.

Features

Car park