€ 380 000

€ 3 287 / 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. 31763

Bedrooms

Bathrooms

115.6 sq.m.

Square

Parameters

Property Description

Luxury 2 bedroom apartment which is located in Universal area of Paphos with a good opportunity for residents will enjoy superb facilities such as a children’s paddling pool, a communal swimming pool, a private gym and landscaped green gardens. Apartment is adjacent to a luscious green park with children’s playground facilities and is also close to all major city amenities, like Tourist area, Harbour and to the Kings Avenue Mall.

Features

Veranda

Car park

Swimming 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