€ 465 000

€ 5 813 / 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. 37625

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

For sale: Modern two-bedroom apartment under construction in the sought-after Universal area. This contemporary residence offers 80 m2 of internal space, thoughtfully designed for comfort and practicality. Located on the second floor of a three-story building with an elevator, you will enjoy easy access and added convenience.

The apartment features two spacious bedrooms and two elegant bathrooms, along with a bright open-plan living area. The central AC system ensures comfort throughout the year, and the apartment's energy efficiency A rating not only benefits the environment but also keeps utility costs low.

Universal is a vibrant and developing neighborhood known for its blend of tranquility and convenience. Residents enjoy a peaceful atmosphere, attractive green spaces, and excellent connectivity. The area offers easy access to the highway as well as a wide range of amenities, including shops, cafes, schools, and public transport.

The apartment is part of a gated complex with secure entry, a communal swimming pool, and an on-site gym for your fitness and leisure. Scheduled for completion in 2028, this is a fantastic opportunity to own a brand-new home in a desirable location. For more details or to arrange a viewing, contact Purple International Real Estate.