€ 375 000

€ 4 688 / 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%

2 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 44299

Bedrooms

80 sq.m.

Square

Parameters

Property Description

Each apartment in this project features a blend of modernism and minimalism. The property offers beautiful view from floor-to-ceiling windows, French doors and patio.

Each floor in this project has only one apartment. The apartments will be equipped with concealed A/C and underfloor heating, en-suite bathrooms and custom kitchen with built-in sanitary facilities.

The development will be just a few minutes walk to the city center, Tomb of the Kings, Kato Paphos, and the Paphos Kings Avenue Mall.

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