€ 510 000

€ 5 965 / 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. 37249

Bedrooms

Bathrooms

85.5 sq.m.

Square

Parameters

Property Description

For sale is a modern apartment under construction in the peaceful area of Chloraka. This property offers an internal space of 85.5 m² and features two spacious bedrooms and two bathrooms. Located on the first floor of a three-story building with elevator access, this apartment combines comfort and convenience for everyday living.

The complex is gated for added security and privacy. Residents will enjoy access to communal facilities, including a large swimming pool and a fully equipped gym. The property also boasts a Jacuzzi for relaxing evenings at home. The apartment has a beautiful sea view and is offered either fully furnished or unfurnished, depending on your preference.

Chloraka is known for its friendly community, scenic coastline, and easy access to local shops, restaurants, and services. The area offers a relaxed lifestyle while remaining close to schools, supermarkets, and other amenities.

This is a wonderful opportunity for both homeowners and investors. Contact Purple International Real Estate today to learn more or arrange a viewing.