€ 1 540 000

€ 4 041 / 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%

10 bedrooms Commercial property in Mandria, Paphos, Cyprus No. 37606

Bedrooms

Bathrooms

381.06 sq.m.

Square

Parameters

Property Description

For sale: An exceptional off-plan apartment building in the sought-after Mandria area. Offering a generous internal space of 381.06 m2, this building includes 10 bedrooms and 10 bathrooms, ideal for investors or those seeking modern multi-unit living.

The property features energy efficiency class A, helping you save on energy costs while caring for the environment. Residents will enjoy the convenience of an elevator, underfloor heating throughout, and access to a communal swimming pool and gym. The building is set within a secure, gated complex, ensuring privacy and peace of mind.

Mandria is well-known for its peaceful lifestyle, surrounded by beautiful landscapes and tranquil sea breezes. The area offers a relaxing atmosphere, yet remains close to the main highway, making travel and commuting easy. A wide range of local amenities, including shops, cafes, and services, are just moments away.

This is a rare investment opportunity to own a modern, energy-efficient apartment building in a growing and desirable area. For more details or to arrange a viewing, contact Purple International Real Estate.