€ 570 000

€ 5 429 / 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 Apartment in Paphos, Cyprus No. 29063

Bedrooms

Bathrooms

105 sq.m.

Square

Parameters

ID

29063
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Floor

4
Bathrooms

3
Square

105 sq.m.
Veranda area

26 sq.m.
To sea

2.1 km
Completed

No

Property Description

This cozy and beautiful 3-bedroom apartment located at the heart of the city of Paphos close to all major amenities such as the Paphos Harbour and Tourist area and the Mall. The apartment enjoys comfortable living areas and balconies with wonderful surrounding views. It has a parquet with under-floor heading system and communal pool. Property is suitable for the Permanent Residential investment program.

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