€ 420 000

€ 4 478 / 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%

2 bedrooms Apartment in Paphos, Cyprus No. 28090

Bedrooms

Bathrooms

93.8 sq.m.

Square

III quarter, 2025

Completion date

Parameters

ID

28090
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

3

Bathrooms

2
Square

93.8 sq.m.
Veranda area

18 sq.m.
To sea

2.3 km
Completion date

III quarter, 2025
Completed

No

Property Description

This amazing project offering an extraordinary location and contemporary signature design focused on luxury modern open plan living.
The development consists of 5 x two-bedroom and 1x one-bedroom apartments spread over the three floors. Luxury facilities include VRV concealed air-conditioning, Smart technology, covered parking, storage and a communal pool.
Each apartment designed to have a modern floor plan, utilizing space and light available, creating an easy flow between rooms with an open plan kitchen-diner.
Situated in the heart of Paphos, an exclusive area of Universal where you are only a few minutes walk from the centre and have access to a beautiful park and children’s play area directly opposite your property. There truly is no better location.
An ideal investment for permanent living or to be used as a holiday home, we would also recommend this development for acquiring Cyprus Permanent Residency as well as rental income investment. Delivery month- August 2025.

Features

Veranda

Car park

Common area with pool

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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