€ 295 000

€ 3 471 / 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 Geroskípou, Paphos, Cyprus No. 46671

Bedrooms

85 sq.m.

Square

Parameters

Property Description

This residential development is located in a calm and well-connected area of Paphos, just a short drive from the city centre and the popular tourist district. The location combines everyday urban convenience with a peaceful residential atmosphere, surrounded by greenery and offering unobstructed panoramic sea views. Essential services and lifestyle amenities, including supermarkets, restaurants, and pharmacies, are all within walking distance.

The contemporary building is designed to modern architectural standards and consists of a limited collection of six spacious two-bedroom apartments, with two units per floor. Each apartment features generous internal layouts, large private balconies, and carefully selected high-quality finishes that enhance comfort and functionality. Sea views are available from the second floor, adding to the appeal of the residences.

The third-floor apartments are further complemented by private rooftop gardens, providing additional outdoor space ideal for relaxation, entertaining, and enjoying open coastal views in privacy. Covered private parking, a secure main entrance with camera surveillance, and well-designed common areas contribute to a safe and refined residential environment suitable for permanent living, holiday use, or investment.

The main features of the project and the units:
• Residential apartment building in Paphos
• Limited collection of six apartments
• Two-bedroom layouts
• Two apartments per floor
• Spacious internal areas
• Large private balconies
• Sea views from the second floor
• Private rooftop gardens for third-floor apartments
• Covered private parking
• Secure main entrance with camera surveillance
• Elegant common areas
• High-quality interior finishes
• Walking distance to amenities

The project has an EPC certificate with “A” energy efficiency rating.