€ 615 000

€ 6 440 / 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. 36103

Bedrooms

Bathrooms

95.5 sq.m.

Square

Parameters

Property Description

For sale: A modern two-bedroom, two-bathroom apartment, offered off plan in the heart of Paphos Town. This property covers an internal area of 95.5 square meters and is situated on the third floor of a five-story building, conveniently accessible by elevator.

Paphos Town is known for its vibrant atmosphere, combining history with a lively selection of shops, restaurants, and cafes. Residents enjoy easy access to schools, medical facilities, and cultural sites, making this location both practical and enjoyable for everyday living.

The apartment is part of a secure gated complex, ensuring privacy and peace of mind. Inside, you will find high-quality finishes and the comfort of underfloor heating throughout, adding a touch of luxury to your living space.

Don't miss this opportunity to reserve a new home in one of the most sought-after areas. This property is proudly brought to you by Purple International Real Estate. Contact us today for further details.