€ 620 000

€ 3 085 / 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%

3 bedrooms Penthouse in Chloraka, Paphos, Cyprus No. 27595

Bedrooms

201 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: New finished and fully furnished penthouse with 3 bedrooms on the third floor of a three-storey building with an elevator with stunning sea views and a spacious terrace with a private pool. The comfort of living is like in your own villa without additional hassle! Excellent location close to the Aspire International School and Lidl supermarket, a short drive from the center of Paphos and its infrastructure and the beautiful beaches of Coral Bay. The standard of living of the "luxury" class for a reasonable amount of money with the possibility of buying a ready-made object and obtaining permanent residence!• Property type: Penthouse
• Total area 201 m2
• Covered area of 179 m2
• Number of bedrooms 3
• Number of bathrooms 2
• Parking
• Swimming pool
• Sea view
• Huge panoramic terrace with barbecue
• Furniture
• Technique
• Air conditioners
• Distance from the sea 1 km
• The house was commissioned in the 3rd quarter of 2023
• Cost 620,000 euros + VAT

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