€ 205 000

€ 3 106 / 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 Konia, Paphos, Cyprus No. 27599

Bedrooms

66 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A low-rise complex of 8 apartments with a private pool and a gated area overlooking the sea will be commissioned in December 2024 and can offer a balanced price-quality-location ratio with the possibility of obtaining permanent residence when buying apartments. Available apartments with 1 and 2 bedrooms

• 1-bedroom apartments - from 66 m2 - from 205 000 euros + VAT
• 2-bedroom apartments - from 93 m2 - from 285,000 euros + VAT

The apartments have excellent quality construction and finishes and are located on a hill overlooking the sea. Only a few families will use a full-fledged swimming pool and garden - this is a comfortable country house that does not require such care as their own house, while giving all the advantages of living in their own villa.

Easy access to the motorway, 15 minutes drive from Paphos International Airport and the same distance to the city center, international school, university and large supermarkets. There are small restaurants and shops in the immediate vicinity. The beautiful Geroskipou Beach is a 5-minute drive away.

• Covered parking space for each apartment
• Storage room for each apartment
• Closed area with electronic gates on the control panel
• Elevator
• Energy saving class A
• Built-in kitchen with granite countertops
• Built-in wardrobes in the bedrooms
• Equipped bathrooms
• Water pressure system
• "Smart Home"
• VRV cooling and heating system
• Video intercom
• Swimming pool
• The possibility of renting
• The possibility of obtaining permanent residence
• Installment payment until the end of 2024

More detailed information, layouts, additional photos, consultations and live screenings: whatsapp/viber/telegram

View original text