€ 580 000

€ 6 824 / 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. 44322

Bedrooms

85 sq.m.

Square

Parameters

Property Description

This contemporary complex is located just steps away from the Mediterranean sea. These apartments offer an unrivaled lifestyle full of amenities and convenience.

With attention to detail and modern design, each apartment provides elegance and comfort.

The development enjoys spacious living areas, floor-to-ceiling windows that invite natural light, and private balconies where you can relax and soak in the panoramic vistas. This development allows to embrace a relaxing seaside lifestyle and enjoy the beauty of the sea every day.

Inside the apartments and penthouses are finished to high standards using contemporary materials. The modern finishes include underfloor heating (penthouses), concealed VRV systems, Italian designed kitchens with corian surfaces.

Other specifications:

• Private communal swimming pool and sun deck
• Expansive balconies and covered terraces
• 2 Elevators to all floors
• Underfloor heating
• Concealed VRV system
• Privately owned covered parking and storage space
• Commercial area on the ground floor

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