€ 445 000

€ 5 115 / 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. 37436

Bedrooms

Bathrooms

87 sq.m.

Square

Parameters

Property Description

For sale: a modern apartment under construction in the desirable Tombs Of The Kings area, offering a spacious internal area of 87 m2. Situated on the first floor of a four-story building with elevator access, this property features two comfortable bedrooms and two stylish bathrooms, designed to provide convenient and functional living.

The apartment is part of a secure, gated complex with a range of shared amenities for residents. Enjoy access to a communal swimming pool and a well-equipped gym, perfect for relaxation and fitness. The property boasts energy efficiency class A and includes a central air conditioning system to ensure comfort all year round. The apartment is sold unfurnished, allowing you to personalize your space from the ground up.

Tombs Of The Kings is a vibrant area known for its rich history, impressive archaeological sites, and easy access to local attractions. The neighborhood offers a variety of shops, cafes, restaurants, and services, making everyday living simple and enjoyable. The location provides excellent connectivity to public transport and is close to both the city center and beautiful coastline.

Scheduled for completion in 2027, this property presents an ideal opportunity for investment or personal use. Advertised by Purple International Real Estate.