€ 575 000

€ 5 134 / 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 Kato Paphos, Paphos, Cyprus No. 42981

Bedrooms

112 sq.m.

Square

Parameters

Property Description

Modern design studios, 1, 2 and 3 bedroom apartments, located in the bustling area of Kato Paphos, within walking distance to the Harbor, the Mall and the American University of Beirut.

It is also 5 minutes drive from international private schools and close to the motorway.

Other specifications:

• Bright and spacious open plan living room, kitchen and dining area
• Large, covered balconies
• Large covered parking space
• Safety door and video door entry system
• Thermal and sound insulation of high specifications
• Electric gate
• Provision for A/C in all areas.

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