€ 510 000

€ 6 375 / 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. 36970

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

For sale: This brand-new apartment under construction offers modern living in the heart of Chloraka. With an internal space of 80 m2, the home consists of 2 spacious bedrooms and 2 stylish bathrooms. It is conveniently located on the first floor of a three-story building with elevator access for added comfort and security.

The property is part of a well-maintained gated complex, offering residents exclusive access to a communal swimming pool and a fully equipped gym. Relax in your own private jacuzzi or enjoy the beautiful sea views from your balcony. The apartment is available with optional furnishings, making it ideal for both personal use and investment.

Chloraka is a vibrant area known for its peaceful atmosphere and scenic coastline. Residents benefit from easy access to local shops, restaurants, and other amenities, while still enjoying a sense of privacy. The location offers the perfect balance between city convenience and seaside relaxation.

For more details or to arrange a viewing, please contact Purple International Real Estate. This is a unique opportunity to own an elegant home in one of the area's most desirable locations.