€ 345 000

€ 4 423 / 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. 48952

Bedrooms

Bathrooms

78 sq.m.

Square

Parameters

Property Description

This modern residential development offers 24 thoughtfully designed 1- and 2-bedroom apartments. Each unit is built with a focus on functionality, featuring covered parking, air conditioning in all rooms, and electric shutters in the bedrooms. The project includes a communal swimming pool and a playground, ensuring a comfortable living environment for residents.

Located in a rapidly developing area of Paphos, the project offers convenient access to Geroskipou Beach, one of the best sandy beaches in the region. The site is within walking distance of essential amenities and Paphos city center, providing both tranquility and urban convenience.

Price Includes:

• Communal Swimming Pool
• Communal Playground
• Communal roof garden
• Intercom to building entrance
• Gated car entrance
• Allocated Covered Parking
• Allocated Storage Room
• Provisions for Electric Car Station
• Solar Water Heating System
• AC in each room
• Electric Shutters in all bedrooms
• Kitchen cabinets
• Wardrobes in all rooms

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