€ 795 000

€ 5 658 / 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. 36100

Bedrooms

Bathrooms

140.5 sq.m.

Square

Parameters

Property Description

For sale: Off plan, spacious apartment in the heart of Paphos Town. This modern residence offers a generous internal space of 140.5 m², thoughtfully laid out with three comfortable bedrooms and two stylish bathrooms. Situated on the first floor of a five-storey building with a convenient elevator, you will enjoy an ideal blend of comfort and accessibility.

The apartment forms part of a gated complex, ensuring privacy and security for residents. With underfloor heating installed throughout, you can relax in a warm and inviting atmosphere all year round. The open-plan living and dining area is perfect for entertaining, while large windows allow plenty of natural light.

Paphos Town is well known for its blend of historical charm and modern lifestyle. Residents enjoy close proximity to shops, cafes, cultural landmarks, schools, and beautiful coastal areas. The area also offers easy access to medical facilities and public transport, making it a prime location for both locals and newcomers.

This is an excellent opportunity to purchase an off plan property in a prime part of town. For further details or to arrange a viewing, please contact Purple International Real Estate.