+ 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. 4934

2

Bedrooms

93 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: An exceptional high-class apartment complex located in the beautiful city of Universal, Paphos. The exclusive complex consists of three floors of luxury living, on each floor there are spacious and elegant two-bedroom apartments. On the top floor of the complex there are stunning penthouses that boast private roof terraces with private jacuzzis, ideal for those who seek the maximum luxury of life.The apartments have been designed with modern style and luxury in mind. The living areas are open and cozy, with high-quality finishes, including beautiful Italian tiles and modern lamps. The bedrooms are bright and spacious, with large windows that let in a lot of natural light, creating a relaxing and comfortable environment.

The penthouses are truly breathtaking, with private roof terraces offering stunning views of the surrounding area. These exclusive apartments have been designed to offer unparalleled luxury, with first-class finishes and plumbing throughout. On the ground floor of the complex there is a beautiful pool area with shared changing rooms, storage rooms and parking spaces.

The complex offers a lifestyle full of luxury and comfort, and underfloor heating provides maximum comfort throughout the year. The kitchens are fully equipped with modern appliances and high-quality countertops, which creates an ideal space for culinary delights.

Located in Universal, Paphos, the complex offers easy access to a wide range of amenities including shops, restaurants and cafes. The location is ideal for those looking for a balance of convenience and tranquility, making Universal Park the perfect place for those looking for a luxurious and laid-back lifestyle.

Whether you are looking for a permanent residence or a holiday home, the complex is the perfect place for a luxurious life in the heart of Paphos. Thanks to the exceptional attention to detail and first-class finishes, the complex is an ideal choice for those who strive for the maximum luxury of life.

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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Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 981

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

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