+ 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 Paphos, Cyprus No. 43209

3

Bedrooms

102 sq.m.

Square

Parameters

Property Description

It is an upscale residential complex situated near Geroskipou in Paphos. Comprising a selection of 2 and 3 bedroom apartments, this development offers a Mediterranean way of living experience.

Immerse yourself in the landscaped gardens and take a refreshing dip in the communal swimming pool, designed to provide a relaxing and fun time for all residents. With its prime location in close proximity to essential amenities, facilities and services, this development presents a great investment opportunity. In addition, the project enjoys the advantage of being conveniently located less than a 20-minute drive from Paphos International Airport.

The Project has EPC certificate with "B+" Energy Efficiency Rating.

Features

Common area with pool

Common area with pool

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

Similar Property

491 000

3 Bedrooms

102 sq.m.

+ VAT

490 000

3 Bedrooms

102 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 54503

525 000

3 Bedrooms

2 Bathrooms

102 sq.m.

+ VAT

530 000

3 Bedrooms

102 sq.m.

+ VAT

Features

Outdoor features

Common area with pool

Common area with pool

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more