+ 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 Villa in Paphos, Cyprus No. 43025

3

Bedrooms

137 sq.m.

Square

Parameters

Property Description

Nestled in the vibrant center of Paphos, the complex offers a collection of 3 bedroom villas, stylish 2 bedroom apartments, elegant 3 bedroom maisonettes and 3 retail shops. Whether you’re looking for a family home or an investment opportunity, this project has something for everyone.

One of its standout features is its unbeatable location. Situated just minutes away from the city’s key attractions such as Kings Avenue Mall, a variety of restaurants and bars, and beautiful beaches, it provides residents with easy access to everything Paphos has to offer. For students and academics, the proximity to three renowned universities adds even more appeal.

Experience the perfect balance of urban living and relaxed coastal charm.

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

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

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