€ 400 000

€ 5 000 / 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. 47166

Bedrooms

80 sq.m.

Square

Parameters

Property Description

Located on the edge of Paphos’s old town, this unique residential development redefines luxury urban living by blending art, nature, and modern architecture. Designed as both a home and a living masterpiece, it offers a serene lifestyle inspired by creativity and the beauty of the natural world.

Each residence features bright, open interiors with elegant finishes crafted from natural materials that emphasize harmony and sustainability. The building’s design integrates lush greenery throughout, creating a tranquil oasis in the heart of the city. Residents can admire works of art from local and international artists displayed in the lobby and common areas, transforming everyday life into a gallery-like experience.

Situated within walking distance of theatres, restaurants, cafes, parks, gyms, and private schools, the development offers both privacy and proximity to key city attractions. It is less than five minutes from Venus Beach and Paphos’s commercial district, providing the perfect balance between cultural charm and modern convenience.

The main features of the project and the units:
• Located in the old town of Paphos
• Unobstructed sea and sunset views
• Walking distance to theatres, restaurants, bars, and shops
• 5-minute drive to Venus Beach
• Quiet neighborhood in the city center
• Concierge services
• Lobby and common areas with artwork by local and international artists
• Smart lighting and shutters
• Italian high-end ceramic floors
• Security entrance and intercom system
• Thermal aluminium frames with double glazing
• Electric car charging provision
• Private storage rooms
• Gated complex with CCTV cameras
• Solar panels on the 4th and 5th floors

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