395 000

Price history

€ 395 000

€ 445 000

€ 3 405 / 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 Paphos, Cyprus No. 45849

3

Bedrooms

116 sq.m.

Square

Parameters

Property Description

The one outstanding feature of this residence is its breathtaking views of Paphos and the Mediterranean coast. The development has been designed by an elite team of acknowledged and respected architects, which is reflected in both the aesthetic and functional superiority of the project. Located on a hilltop, on the outskirts of the town, this residence is only five minutes from a surplus of amenities and services, a delightful variety of Paphos beaches, and fifteen minutes from both Paphos International Airport and the acclaimed Venus Rock Golf Resort.  The residence will include modern facilities such as a large, communal swimming pool, children’s paddling pool, and private gym with Jacuzzi. The spacious apartments and condominiums, ranging from 2 and 3 bedrooms, are designed over five blocks and are thermal insulated, keeping interiors cool in the summer and warmer in the winter months. The condominiums also will have roof gardens with kitchenettes and storage areas, providing the perfect ambiance for entertainment or relaxation with panoramic town and sea views.

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

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

Similar Property

395 000

3 Bedrooms

116 sq.m.

+ VAT

395 000

3 Bedrooms

116 sq.m.

+ VAT

395 000

3 Bedrooms

116 sq.m.

+ VAT

390 000

3 Bedrooms

116 sq.m.

+ VAT

Price history

€ 395 000

€ 445 000

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