€ 780 000

€ 6 094 / 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%

3 bedrooms Apartment in Paphos, Cyprus No. 37247

Bedrooms

Bathrooms

128 sq.m.

Square

Parameters

Property Description

For sale: An off-plan penthouse apartment offering modern living in the heart of Paphos Town. This spacious property features an internal area of 128 m2, thoughtfully laid out with three comfortable bedrooms and two sleek bathrooms. Enjoy an open and airy design with city views, complemented by a private elevator for convenience and privacy.

The penthouse is set within a secure, gated complex, ensuring peace of mind for residents. Inside, you will find an advanced central AC system and efficient underfloor heating, keeping your home comfortable year-round. The property also boasts an Energy Efficiency A rating, making it an excellent choice for those seeking sustainable living.

Located close to the highway, you'll have easy access to other parts of the city and beyond. Essential amenities such as shops, schools, and restaurants are just a short distance away. Paphos Town is known for its vibrant lifestyle, combining charming historic sites with modern conveniences, lively cafes, and a welcoming community atmosphere.

This exclusive property is advertised by Purple International Real Estate. Contact us today for more details and secure a place in one of the area's most desirable new developments.