€ 550 000

€ 7 051 / 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. 37461

Bedrooms

Bathrooms

78 sq.m.

Square

Parameters

Property Description

For sale: Modern two-bedroom, two-bathroom apartment under construction in the popular area of Tombs Of The Kings. With a spacious internal area of 78 m², this top-floor property offers comfortable living with easy access via an elevator. The apartment features a bright open-plan layout, high-quality finishes, and a central air conditioning system, ensuring year-round comfort.

Located in a secure, gated complex, residents will enjoy exclusive access to a communal swimming pool and a fully equipped gym. The development has been designed with energy efficiency in mind, achieving an impressive A rating for sustainability and low running costs.

Situated in Tombs Of The Kings, you'll be within walking distance of historical landmarks, beautiful coastal paths, shops, restaurants, and entertainment venues. This lively neighborhood is well-known for its friendly atmosphere and convenience, making it ideal for both residents and investors.

Scheduled for completion in 2027, this unfurnished apartment allows you to create your own personalized living space. Don't miss the opportunity to be part of one of the area's most modern and sought-after developments. This exclusive property is offered by Purple International Real Estate.