€ 375 000

€ 4 870 / 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 Chloraka, Paphos, Cyprus No. 42354

Bedrooms

77 sq.m.

Square

Parameters

Property Description

This gated residential complex is located in the picturesque area of lower Chloraka, in Paphos area. It offers 1 and 2 bedroom apartments, ideally positioned close to the sea, the town center and other amenities.

Surrounded by landscaped gardens, the development features two communal swimming pools, changing rooms and outdoor showers. Thoughtfully designed BBQ and recreational areas create the perfect setting for relaxation and social gatherings.

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