€ 665 000

€ 5 938 / 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%

3 bedrooms Apartment in Paphos, Cyprus No. 37631

Bedrooms

Bathrooms

112 sq.m.

Square

Parameters

Property Description

For sale is a modern, top-floor apartment under construction in the sought-after Universal area. The property offers a generous internal space of 112 m², including three spacious bedrooms and three contemporary bathrooms. Located on the highest floor and accessible by elevator, this apartment features natural light and privacy.

The apartment is being built with energy efficiency grade A in mind, providing an environmentally friendly and cost-effective home. Comfort is guaranteed year-round with a central AC system. The open-plan design ensures a seamless flow through the living spaces, with high-quality finishes throughout.

Residents will enjoy the secure, gated complex, which includes a communal swimming pool and a fully equipped gym. Universal is a vibrant area known for its blend of residential comfort and convenience. The neighborhood offers easy access to the highway and is close to a variety of shops, cafes, and all essential amenities.

Expected to be completed in 2028, this apartment is perfect for those seeking a modern lifestyle in a prime location. For more information or to arrange a viewing, contact Purple International Real Estate today.