€ 640 000

€ 6 702 / 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. 36105

Bedrooms

Bathrooms

95.5 sq.m.

Square

Parameters

Property Description

For sale is a stylish off-plan apartment in the heart of Paphos Town. This modern residence offers 95.5 square meters of well-designed internal space, featuring two spacious bedrooms and two bathrooms for comfortable living. It is located on the 4th floor of a five-story building with a convenient elevator, making it easily accessible.

The apartment is part of a secure gated complex, providing peace of mind and a private living environment. You will enjoy the comfort of underfloor heating throughout the apartment, perfect for cozy living all year round.

Paphos Town is known for its charming blend of historic landmarks, vibrant shops, and inviting cafes. The area offers a unique atmosphere with cultural attractions, excellent services, and beautiful coastal views. Living here means having everything you need close to your doorstep, from shopping to dining and entertainment.

This property is an excellent choice for those seeking a modern home or investment opportunity in a central location. Contact Purple International Real Estate today to learn more or to arrange a viewing.