€ 470 000

€ 8 785 / 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%

1 bedroom Apartment in Paphos, Cyprus No. 36536

Bedrooms

Bathrooms

53.5 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern one-bedroom apartment offers comfortable living in the sought-after area of Tombs Of The Kings. With an internal area of 53.5 m2, the apartment features an open-plan living and dining space, a stylish kitchen, one spacious bedroom, and a well-appointed bathroom.

Tombs Of The Kings is renowned for its historical landmarks, vibrant atmosphere, and close proximity to the coast. The area is popular for its blend of local culture, restaurants, shops, and easy access to public transport, making it ideal for both residents and visitors.

The apartment is set within a gated complex, providing added security and peace of mind. Residents can enjoy modern features such as underfloor heating, an elevator, a well-maintained communal swimming pool, and an on-site gym. Optional furniture packages are available to help you settle in with ease.

Construction is due for completion in 2026, offering you the chance to secure a contemporary home in a prominent location. Amenities such as supermarkets, cafes, and schools are all within easy reach. This property is presented exclusively by Purple International Real Estate, delivering quality and value for your next investment or personal home.