+ 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 Anavargos, Paphos, Cyprus No. 29436

2

Bedrooms

2

Bathrooms

76 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

This project consists of six, 2-bedroom luxury apartments, situated in the upcoming residential area of Anavargos in Paphos, surrounded by a plethora of amenities, including schools and Paphos General Hospital. The location offers easy access to the highway, Paphos town-centre and the sea. The natural landscape and adjacent existing government buildings, offer unobstructed sea view from allapartments. The design enables a seamless use of both interior areas and the large covered verandas, which are equipped with BBQ facilities, offering a secluded relaxation area, right in the heart of town.The modern and elegant architecture, cosy interior and top-of-the-line finishes will pleasantly surprise those who value true comfort.An ideal option for either permanent living or a high rental yield investment. Set apart from the lower town and main tourist area, this historic old quarter offers a more laid-back vibe as well as several cultural attractions. Although it is just 5 kilometers from the main seafront tourist area, Paphos City Center or Ktima as it is known locally, feels a world away.

Features

Veranda

Veranda

Car park

Car park

2 bedrooms Apartment in Anavargos, Paphos, Cyprus No. 29436

2 bedrooms Apartment in Anavargos, Paphos, Cyprus No. 29436

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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