+ 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%

1 bedroom Apartment in Paphos, Cyprus No. 30015

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

II quarter, 2026

Completion date

Parameters

Property Description

New project delights of unobstructed views across lower Pafos to the sea. Easy access to Pafos commercial district, nightlife, the famous Hammam Baths, Pafos Mall and on the city’s bus route. Perfect for a city base or for investment with excellent rental opportunities. The projects consist of 6 buildings, available options for 1-, 2- & 3-bedroom apartments. Each apartment has a spacious bedroom, living room and open plan kitchen, as well as mesmerizing panoramic views of the sea and cityscapes.  Completion date December 2025

Features

Veranda

Veranda

Car park

Car park

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

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

1 bedroom Apartment in Paphos, Cyprus No. 30015

1 bedroom Apartment in Paphos, Cyprus No. 30015

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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