€ 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 Paphos, Cyprus No. 43055

Bedrooms

77 sq.m.

Square

Parameters

Property Description

This development features six spacious two bedroom apartments, two apartments on each floor.

The apartments are designed with:

• Open-plan living areas: the living, dining and kitchen areas
• Large windows and natural light
• Balconies with stunning views of the sea and the surrounding landscape
• Each apartment is fitted with high quality fixtures and finishes, built-in sanitary, concealed a/c, elegant bathrooms with contemporary fittings.

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