€ 640 000

€ 7 688 / 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. 39221

Bedrooms

Bathrooms

83.25 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern two-bedroom, two-bathroom apartment offers an internal space of 83.25 m². Situated on the second floor of a three-story building with an elevator, it promises comfort and style for everyday living.

The apartment will be built to the highest standards, featuring energy efficiency A, underfloor heating, and the option for a stylish furnished package. Located within a secure gated complex, residents will enjoy access to a communal swimming pool and a well-equipped gym, all designed to offer a relaxed and convenient lifestyle.

Tombs of the Kings is a desirable area known for its rich history, charming local cafes, and easy access to golden beaches. Popular for its vibrant mix of shops, restaurants, and entertainment, it offers excellent connectivity to the city's main attractions. Everything you need is within a short distance, making it a perfect spot for both residents and investors.

Scheduled for completion in 2029, this property provides a unique investment opportunity in a sought-after location. For more information or to arrange a viewing, contact Purple International Real Estate today.