€ 320 000

€ 4 000 / 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 Konia, Paphos, Cyprus No. 44821

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This complex consists of two blocks and one can find a range of 2 and 3 bedroom apartments, the majority of which will have sea views. The project will have a communal swimming pool for each block, solar panels which will improve the energy efficiency of the building, the modern design of the building, large window openings and concrete finishing.

The development is nearby a very large number of amenities: just 1 minute driving distance from the round-about and the hospital of Paphos. A number of public and private schools can be found within a short radius and a short driving distance away from a very large number of bars and restaurants.

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