€ 770 000

€ 9 747 / 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. 37271

Bedrooms

Bathrooms

79 sq.m.

Square

Parameters

Property Description

Discover modern living in this off-plan two-bedroom, two-bathroom apartment located on the fourth floor of a six-story building with elevator access. Spanning 79 square meters of internal space, this home is designed for comfort and style, featuring an open-plan layout that maximizes natural light. Enjoy the added luxury of a central air conditioning system and underfloor heating, making the apartment a perfect retreat in any season.

Situated in a gated complex, residents benefit from top-tier communal facilities, including a sparkling swimming pool and a fully equipped gym. The development's energy efficiency rating 'A' ensures lower energy bills and a reduced environmental impact.

The apartment is in the sought-after Tombs Of The Kings area, well-known for its rich archaeological history and vibrant lifestyle. This location offers easy access to local shops, cafes, and restaurants, along with excellent transport links. The nearby waterfront promenade is perfect for relaxing evenings or morning walks.

This is an outstanding opportunity to invest in a secure, contemporary home close to everything you need. For more information or to arrange a viewing, contact Purple International Real Estate today.