€ 465 000

€ 4 266 / 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 Geroskípou, Paphos, Cyprus No. 39150

Bedrooms

Bathrooms

109 sq.m.

Square

Parameters

Property Description

For sale is a modern off-plan penthouse apartment, offering 109 square meters of internal space designed for comfort and style. This penthouse features three spacious bedrooms and two contemporary bathrooms, ideal for families or those seeking extra space. Direct elevator access ensures privacy and convenience, while the apartment's A+ energy efficiency rating guarantees low running costs and a comfortable living environment year-round.

Located in Geroskipou, this area is known for its vibrant community feel, local shops, and relaxed lifestyle. Residents enjoy easy access to the highway, making travel to surrounding areas smooth and convenient. Nearby amenities include cafes, supermarkets, parks, and schools, creating the perfect balance between city living and suburban tranquility.

Within this secure gated complex, you will find excellent facilities including a communal swimming pool and a modern gym for residents. Optional furnishing packages are available, making it easy to move in and start enjoying your new home right away.

This property is proudly listed by Purple International Real Estate, offering you the opportunity to own a premium penthouse in one of Geroskipou's most desirable locations. Contact us today for more details or to arrange a viewing.