€ 470 000

€ 5 875 / 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. 41931

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This residential development, located in the Universal area of Paphos, is comprised of two distinct blocks.

Block A features 12 spacious 2 bedroom apartments while Block B offers a selection of 1, 2 and 3 bedroom apartments.

Each apartment is crafted with attention to detail, combining practicality with modern finishes and open-plan layouts that maximize space and natural light.

The complex also offers a communal swimming pool, a fully equipped gym and a reception area operating 8 hours per day.

Private parking and storage rooms will be located on the basement level (-1).

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