€ 262 000

€ 5 038 / 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%

1 bedroom Apartment in Paphos, Cyprus No. 49274

Bedrooms

Bathrooms

52 sq.m.

Square

Parameters

Property Description

This exclusive apartment complex in the heart of Paphos offers a perfect blend of modern design and a prime location close to the sea. With its fair-faced concrete exterior, premium marble and parquet finishes, and earthy tones, the development harmonizes urban sophistication with natural aesthetics. It consists of five stylish apartments, two studios, and a luxurious penthouse featuring a private roof garden with an outdoor BBQ area. Each unit includes a veranda, allocated parking, and access to additional storage rooms.

Ideally situated near Kings Avenue Mall, shops, restaurants, and the coast, this property offers unmatched convenience and accessibility. Whether you’re an individual, couple, or family, these thoughtfully designed spaces combine comfort, functionality, and elegance, making them an ideal choice for modern living.

The main features of the project and the units:

• The project consists of two studios
• One and two-bedroom apartments
• Two-bedroom penthouse with spacious veranda and BBQ
• Contemporary Design
• Within walking distance to all amenities
• 2.5km distance from the beach

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

Features

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

1 Bedrooms

52 sq.m.

+ VAT

1 Bedrooms

52 sq.m.

+ VAT

1 Bedrooms

52 sq.m.

+ VAT

1 Bedrooms

52 sq.m.

+ VAT