€ 323 800

€ 4 048 / 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 Paphos, Cyprus No. 46284

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

This residential development is located in the city centre of Pafos, on the border of Geroskipou and Universal, in a setting surrounded by green areas, trees and parks. The project combines a central location with a calm residential environment and offers convenient access to the highway, the old town, the harbour, the beach and Pafos International Airport.

The development consists of a limited number of just 27 apartments, designed with modern open-plan layouts and contemporary architecture. The residences are created to support both comfortable living and investment purposes, with a concept that includes full hands-free management and attractive return potential for the area.

The project offers one-, two- and three-bedroom apartments, along with a selection of penthouses featuring private roof gardens and sea views. Residents benefit from a private parking space and a dedicated storage room, while shared amenities include a swimming pool and a fully equipped gym with changing rooms.

The main features of the project and the units:
• Prime central location on the border of Geroskipou and Universal
• Surrounded by green areas, trees and parks
• Only 27 apartments in total
• One-, two- and three-bedroom apartments
• Four penthouses with private roof gardens and sea views
• Modern open-plan layouts
• Contemporary architecture and premium finishes
• Swimming pool
• Fully equipped gym and fitness centre with changing rooms
• Private parking space
• Private storage room
• Full hands-free management concept
• Five-year warranty
• 15 minutes to Pafos International Airport
• 5 minutes to the highway
• 5 minutes to the old town
• 5 minutes to the harbour and the beach