€ 495 000

€ 6 429 / 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. 36676

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

Property Description

For sale is a modern two-bedroom, two-bathroom apartment located in the popular Tombs Of The Kings area. With 77 square meters of internal space, this apartment offers a comfortable and stylish living environment. Situated on the second floor of a three-story building, the property provides both privacy and easy access.

The apartment is part of a gated complex, adding peace of mind for residents. Enjoy the communal swimming pool, perfect for relaxing and socializing. The under-construction project is set to be completed in 2026, ensuring contemporary finishes and energy-efficient design throughout.

Tombs Of The Kings is known for its historic sites, convenient lifestyle, and excellent amenities. Within walking distance, you'll find cafes, shops, supermarkets, and public transport. The area also offers easy access to beautiful beaches, making it an ideal location for both living and investment.

Purple International Real Estate is proud to offer this fantastic opportunity. Contact us today to secure your new home in a sought-after location.