+ 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%

Studio Apartment in Geroskípou, Paphos, Cyprus No. 44932

Studio

Bedrooms

36 sq.m.

Square

Parameters

Property Description

This complex of apartments is located in Geroskipou, Paphos.

The design of this complex is modern and upmarket. It consists of five blocks of apartments with 1 and 2 bedrooms as well as studio apartments. The apartments have spacious living areas and bedrooms that are elegant and inviting. They will also have thermal aluminum windows, VRV technology cooling systems and underfloor heating.

The bedrooms will have laminate flooring, wall mounted toilets and walk-in showers. The kitchens will be equipped with high-end counters and quality finishes. The residents will be able to enjoy the communal roof top pool that offers excellent views. Parking space will be available with an alarm system.

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

Features

Common area with pool

Common area with pool

Similar Property

190 000

Studio

36 sq.m.

+ VAT

190 000

Studio

36 sq.m.

+ VAT

195 000

Studio

36 sq.m.

+ VAT

195 000

Studio

36 sq.m.

+ VAT

Features

Outdoor features

Common area with pool

Common area with pool

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