€ 470 000

€ 6 620 / 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. 29806

Bedrooms

Bathrooms

71 sq.m.

Square

Parameters

Property Description

For sale: Modern apartment under construction in the heart of Paphos Town. This top-floor residence offers 71 m2 of well-designed internal space, featuring 2 spacious bedrooms and 2 stylish bathrooms, making it perfect for couples or small families. The apartment includes underfloor heating for comfort throughout the year and is accessible via elevator for added convenience.

The property is located in a secure, gated complex that provides excellent communal facilities. Enjoy access to a well-equipped gym, a beautiful communal swimming pool, and safe, landscaped areas within the complex. For those seeking flexibility, the apartment is available with optional furnishings.

Paphos Town is known for its blend of rich history and modern lifestyle, offering a vibrant mix of shops, cafes, restaurants, and cultural attractions. The area is well-connected and close to all amenities, ensuring daily needs are easily met.

This unique apartment presents a valuable opportunity to own a brand-new home in a desirable area. Contact Purple International Real Estate today for more information or to arrange a viewing.