€ 425 000

€ 5 030 / 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 Geroskípou, Paphos, Cyprus No. 39149

Bedrooms

Bathrooms

84.5 sq.m.

Square

Parameters

Property Description

This stunning off-plan penthouse apartment offers a sophisticated lifestyle in the desirable area of Geroskipou. With a spacious internal area of 84.5 square meters, this home features two comfortable bedrooms and two modern bathrooms, providing both privacy and convenience. Enjoy the exclusivity of penthouse living with direct elevator access.

The apartment is situated within a secure gated complex, ensuring peace of mind for residents. The development includes excellent shared facilities such as a communal swimming pool and a fully equipped gym, perfect for both relaxation and fitness. The property holds a high energy efficiency rating of A+, providing both cost savings and environmental benefits.

Geroskipou is a vibrant and charming area known for its traditional character, beautiful surroundings, and a range of amenities. You will be close to shops, cafes, and restaurants, as well as being conveniently positioned near the main highway, making travel easy.

There is an option to purchase the apartment fully furnished, allowing for a smooth move-in process. This exceptional property is advertised by Purple International Real Estate, offering a rare opportunity to own a prime penthouse in a sought-after location.