€ 420 000

€ 5 474 / 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. 35273

Bedrooms

Bathrooms

76.72 sq.m.

Square

Parameters

Property Description

For sale: Modern two-bedroom apartment currently under construction, located in the desirable Tombs Of The Kings area. This first-floor home offers 76.72 m² of comfortable internal living space, featuring two well-sized bedrooms and two modern bathrooms. The building includes an elevator for easy access.

Tombs Of The Kings is a vibrant neighbourhood known for its unique blend of historical charm and contemporary living. Residents enjoy walking distance to archaeological sites, inviting cafés, and popular shopping areas. The location is ideal for both permanent living and investment, with excellent connections to public transport and the beautiful coastline.

Residents can relax or entertain guests at the communal swimming pool and appreciate the proximity to essential amenities, such as supermarkets, restaurants, banks, and medical facilities. The apartment is available with an optional furnishing package, allowing you to move in with ease.

This property is exclusively advertised by Purple International Real Estate. Contact us now to learn more about this opportunity in one of the area's most sought-after locations.