€ 799 000

€ 6 948 / 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%

3 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 45584

Bedrooms

115 sq.m.

Square

Parameters

Property Description

This stylish residential building is designed to offer residents a refined urban living experience. It consists of 28 units: 1-, 2-, 3- bedroom apartments and 3 bedroom penthouses with its own roof terrace and private pools. The carefully designed master plan and high quality finishing materials, coupled with a modern design, will satisfy those who value true comfort and style. The residents will enjoy spacious layouts and ample facilities such as common swimming pool, gym and covered parking. Solid wood parquet floors, marble bathrooms, high-quality kitchens, built-in wardrobes and ceilings more than 3 meters, are only few of the many advantages this project offers making it ideal for your lifestyle and investment purposes.

Other features:

• Sea views
• 450 meters from the best sandy beach of Paphos tourist area
• City amenities around the corner
• 2 minutes walk from the 5-star Hotel
• 5 minutes walk to the Kings Avenue Mall
• Gated compound
• Under floor heating and central air conditioning

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