€ 1 320 000

€ 9 103 / 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 Penthouse in Paphos, Cyprus No. 43700

Bedrooms

145 sq.m.

Square

Parameters

Property Description

This residential complex comprises of blocks of apartments, ranging from apartments to exclusive penthouses with private rooftops and pools. Each unit is designed with the highest quality standards and attention to detail, creating a truly upscale living experience. Private amenities shared among the residents include saunas, gym and fitness rooms, swimming pools, centrally designed gardens, and co-working facilities, prioritizing comfort and safety for its residents, making it an ideal choice for both lifestyle and investment purposes.

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

Features

Private pool

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

3 Bedrooms

145 sq.m.

+ VAT

3 Bedrooms

145 sq.m.

+ VAT

3 Bedrooms

146 sq.m.

+ VAT

3 Bedrooms

146 sq.m.

+ VAT