€ 395 000

€ 5 163 / 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 Chloraka, Paphos, Cyprus No. 36222

Bedrooms

Bathrooms

76.5 sq.m.

Square

Parameters

Property Description

Presenting an off-plan apartment for sale in the sought-after area of Chloraka. This modern property offers an internal space of 76.50 square meters, thoughtfully designed to maximize comfort and natural light. The layout features two well-proportioned bedrooms and two elegant bathrooms, making it ideal for families, couples, or as an investment opportunity.

The apartment is situated within a secure gated complex, ensuring privacy and peace of mind for all residents. Enjoy the benefits of a communal swimming pool, perfect for relaxing on warm days, and a fully equipped gym to support your active lifestyle.

Chloraka is a beautiful coastal area known for its peaceful atmosphere and convenient living. Residents appreciate close access to shops, restaurants, schools, and medical facilities. The area is also celebrated for scenic walks along the coastline and beautiful sea views, offering a perfect balance between relaxation and accessibility.

This excellent opportunity is close to all necessary amenities, making daily life both easy and enjoyable. Invest in your future with this off-plan apartment brought to you by Purple International Real Estate. Contact us today to learn more and secure your place in this vibrant community.