€ 575 000

€ 6 021 / 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. 36099

Bedrooms

Bathrooms

95.5 sq.m.

Square

Parameters

Property Description

For sale: Modern off-plan apartment located on the first floor of a secure, gated complex in the heart of Paphos Town. This spacious home offers an internal area of 95.5 m², providing comfortable living throughout. The apartment features two well-proportioned bedrooms and two stylish bathrooms, making it a perfect choice for couples, small families, or those seeking a second home.

The apartment benefits from underfloor heating, ensuring a warm and cozy atmosphere during the cooler months. Access to the property is made easy with an elevator servicing all five floors of the building, adding to your convenience.

Paphos Town is known for its charming blend of history and vibrant, modern lifestyle. Enjoy a stroll through its lively streets filled with shops, cafes, and local restaurants, or explore the beautiful harbor and archaeological sites nearby. The area offers excellent amenities, making everyday living both easy and enjoyable.

This property is an excellent opportunity for buyers seeking quality and comfort in a prime location. For more information or to arrange a viewing, please contact Purple International Real Estate.