+ 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 Coral Bay, Pegeia, Paphos, Cyprus No. 43943

2

Bedrooms

84 sq.m.

Square

Parameters

Property Description

Nestled on the outskirts of Paphos town, in Coral Bay, the project offers a lifestyle of sophistication and contemporary elegance. These residences blend modern aesthetics with the warmth of a Mediterranean atmosphere. The development provides easy access to the beach and invites residents to embrace a coastal living experience enriched by the beauty of the surrounding landscape.

The development introduces a blend of communal amenities and private sector services. The communal swimming pool and meticulously landscaped gardens create spaces for relaxation and socializing.

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

Features

Common area with pool

Common area with pool

Similar Property

340 000

2 Bedrooms

2 Bathrooms

84 sq.m.

+ VAT

340 000

2 Bedrooms

2 Bathrooms

84 sq.m.

+ VAT

340 000

2 Bedrooms

2 Bathrooms

84 sq.m.

+ VAT

335 000

2 Bedrooms

84 sq.m.

+ VAT

Features

Outdoor features

Common area with pool

Common area with pool

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