€ 225 000

€ 4 500 / 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%

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 43798

Bedrooms

50 sq.m.

Square

Parameters

Property Description

A beautiful housing project located just a few kilometers from the sea. It combines the charm of the coast with modern living.

The project consists of three 2 storey buildings and a total of 16 luxury apartments. Tenants can enjoy a large communal swimming pool, a roof garden on each building, landscaped gardens and the safety of a gated community.

Choose from studios, 1or 2 bedroom apartments, all designed to be comfortable and practical.

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