€ 450 000

€ 5 556 / 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 Kato Paphos, Paphos, Cyprus No. 28560

Bedrooms

Bathrooms

81 sq.m.

Square

Parameters

Property Description

This is a modern residential complex with swimming pool in Kato Paphos. It consists of one block of 2 and 3 bedroom Apartments. Other than its contemporary and functional design, the other major advantage of the complex is its proximity to all city amenities such as the Kings Avenue Mall, a number of restaurants and bars, a few minutes to the beach.

Features

Veranda

Car park

Swimming pool