€ 840 000

€ 5 979 / 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. 36104

Bedrooms

Bathrooms

140.5 sq.m.

Square

Parameters

Property Description

For sale: off-plan apartment in a modern, gated complex located in the heart of Paphos Town. This spacious residence offers an internal area of 140.5 m², perfectly designed for comfortable family living. Situated on the 3rd floor of a five-storey building with an elevator, the property features three generously sized bedrooms and two stylish bathrooms.

The apartment's open-plan layout ensures plenty of natural light, with elegant finishes throughout. Enjoy the convenience of underfloor heating for added warmth during cooler months. The apartment is part of a secure complex, offering privacy and peace of mind for all residents.

Paphos Town is known for its rich history, vibrant local culture, and a variety of shops, cafes, and restaurants. Residents can also enjoy easy access to schools, medical facilities, and beautiful seaside promenade walks. The area is well-connected, offering a blend of traditional charm and modern amenities.

This excellent property is offered by Purple International Real Estate. It is an ideal choice for families and investors seeking a convenient and stylish home in one of the region's most sought-after locations. Contact us today for more information or to arrange a viewing.