€ 480 000

€ 4 948 / 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 Geroskípou, Paphos, Cyprus No. 43210

Bedrooms

97 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.