€ 540 000

€ 7 105 / 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 Chloraka, Paphos, Cyprus No. 46028

Bedrooms

76 sq.m.

Square

Parameters

Property Description

Residential resort on top of the hill, located just a few minutes walk from the coast of Paphos. The owners can use the services of a bar, cafeteria, conference hall, after-sales service and a modest business center. All residential areas have direct access to large verandas, terraces and gardens. There are also two communal swimming pools, a club and tennis courts. New owners and their families will enjoy high-quality medical services offered at special rates and discounts at one of the best hospitals in Cyprus.

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