€ 815 000

€ 5 801 / 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. 36102

Bedrooms

Bathrooms

140.5 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern apartment offers 140.5 m2 of internal space, thoughtfully designed for comfortable family living. Situated on the second floor of a five-storey building with elevator access, the apartment features three spacious bedrooms and two stylish bathrooms, providing ample room for relaxation and privacy.

Enjoy open-plan living with a bright and airy layout, complemented by underfloor heating for year-round comfort. Large windows ensure plenty of natural light throughout the home. As part of a gated complex, residents enjoy added security and privacy, along with landscaped communal areas.

Located in the heart of Paphos Town, the apartment provides easy access to a variety of shops, cafes, restaurants, and local schools. The area is well-known for its vibrant atmosphere, historical landmarks, and close proximity to beautiful coastline and recreational parks. Excellent transport links make commuting and exploring the town convenient for all residents.

This property represents an ideal investment opportunity or a perfect home for families seeking modern living in a prime location. For more information or to arrange a viewing, contact Purple International Real Estate today.