€ 370 000

€ 2 643 / 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 Kato Paphos, Paphos, Cyprus No. 4929

Bedrooms

140 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A beautiful modern complex offering the best location for today at a reasonable price, suitable for permanent residence - in the heart of Kato Paphos, consists of apartments with 2 bedrooms, townhouses with 3 bedrooms and shops. Just 200 m from the sea, 50 m from supermarkets, bars and restaurants, post office, within walking distance from the promenade and the harbor of Paphos - this is an ideal place to live and rent.

2-Bedroom Apartment

• Covered area of 140 m2
• Cost 370-375 thousand euros

Townhouses with 3 bedrooms

• Covered area of 191 m2
• Plot area 295 m

The excellent quality of construction and top location combined with an adequate price make this project an excellent choice for investment. When buying, it is possible to obtain permanent residence. There is an interest-free installment payment until the end of construction. The deadline is 2024.

The residences of the complex are equipped with all the amenities that one would expect from convenience and luxury. They are located a stone's throw from many blue flag beaches, attractions, services and amenities, including many restaurants, taverns, nightclubs and Kings Avenue Mall, the largest and most modern shopping center on Cyprus.

A short drive from the complex is the colorful Paphos Marina with its many shops, including the 18-hole golf courses of the International Championship and the international airport.

More detailed information, layouts, specifications, live online and live screenings, individual selection of real estate, the possibility of buying remotely, support of bank transfers when buying real estate: whatsapp/viber/telegram

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