€ 505 000

€ 4 391 / 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 Kissonerga, Paphos, Cyprus No. 41059

Bedrooms

115 sq.m.

Square

Parameters

Property Description

This complex of apartments, offering the communal swimming pool, is located in walking distance to the sea in Kissonerga, Paphos. The apartments will consist of 1, 2 and 3 bedroom apartments. Each apartment will enjoy covered verandas, some of the apartments will have their private roof terraces or the gardens.

Each apartment will be allocated a storage room as well as the parking space.

The Project has EPC certificate with "A" Energy Efficiency Rating.