€ 490 000

€ 6 447 / 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. 39105

Bedrooms

Bathrooms

76 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern 2-bedroom, 2-bathroom Duplex apartment offers an internal space of 76 m². Located on the first & second floor of a four-story building with elevator access, this home features energy efficiency class A for lower running costs and year-round comfort. The central AC system and underfloor heating ensure a pleasant temperature in every season.

Set in the sought-after Universal area, you will enjoy a vibrant neighborhood known for its convenient access to local shops, restaurants, and services. Universal is popular with both residents and visitors for its close proximity to the city center, yet it maintains a peaceful residential character. Daily amenities and public transport are just a short walk away.

The Duplex apartment is part of a modern, gated complex offering safety and peace of mind. Residents have access to a communal swimming pool, perfect for relaxing or socializing with neighbors. The city view adds to the appeal, and the apartment is available furnished if you prefer a hassle-free move.

This is a great opportunity for both living and investment in a growing area. For more information or to arrange a viewing, contact Purple International Real Estate.