€ 355 000

€ 7 100 / 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. 36673

Bedrooms

Bathrooms

50 sq.m.

Square

Parameters

Property Description

For sale is a modern one-bedroom apartment located on the first floor of a three-story gated complex in the highly sought-after Tombs of the Kings area. This under-construction property offers a comfortable internal space of 50 square meters that includes a bright living area, a stylish kitchen, and one contemporary bathroom.

The apartment is designed with functionality and modern living in mind, making it perfect for individuals or couples. The gated complex provides peace of mind and added security for residents. Enjoy access to a communal swimming pool, where you can relax and unwind after a busy day.

Tombs of the Kings is a vibrant neighbourhood known for its historical landmarks, lively cafes, and easy access to beaches. Supermarkets, restaurants, and public transport are all within walking distance, making everyday living convenient and enjoyable.

This apartment, with a completion date in 2026, is an excellent opportunity for both homeowners and investors. For more details or to schedule a viewing, please contact Purple International Real Estate.