€ 490 000

€ 6 622 / 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 Chloraka, Paphos, Cyprus No. 35274

Bedrooms

Bathrooms

74 sq.m.

Square

Parameters

Property Description

For sale is a modern apartment currently under construction in the popular area of Chloraka. With an internal space of 74 m², this property features two comfortable bedrooms and two stylish bathrooms, making it ideal for couples or small families. The apartment is situated on the first floor of a three-story building and is easily accessible by elevator.

The development is a secure, gated complex offering first-class amenities for residents. Enjoy relaxing in the communal swimming pool or keep fit in the on-site gym. The property also includes a private jacuzzi for extra comfort and luxury. Large windows invite plenty of natural light and offer beautiful sea views from your apartment.

Chloraka is a sought-after coastal area admired for its tranquil lifestyle and convenient location. Residents benefit from being close to a wide range of amenities including shopping, dining, and entertainment. The picturesque coastline and scenic paths are just a short stroll away.

This apartment is available as optional furnished to suit your needs. If you are searching for a comfortable home or an excellent investment in a vibrant community, contact Purple International Real Estate to arrange a viewing or for more information.