€ 389 000

€ 4 987 / 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. 42988

Bedrooms

78 sq.m.

Square

Parameters

Property Description

This apartment development located in the heart of Paphos city is just a short walk to the Mall, bars and restaurants, old market and the beach. It comprises of 2 and 3 bedroom apartments. Apartments enjoy their own spacious balcony and stylish quality finishes reflecting the modern taste.

Other features:

• Alarm system
• Gated community
• Intercom with camera
• Provision with electrical car charger
• Underfloor heating
• VRV for cooling
• Wall mounted toilets
• Sauna, jacuzzi, pool, cctv, concierge (optional), gym.

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