€ 340 000

€ 4 533 / 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. 4945

Bedrooms

75 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Unique offer: new ready-made apartments, fully equipped with furniture and electrical appliances - ready to move in or rent out, ideally located next to Kings Avenue Mall in the center of Paphos in a great area with developed infrastructure within walking distance from the embankment, its many cafes and restaurants, the Archaeological Park of Paphos and Tombs of Kings, the famous lighthouse. • Number of bedrooms: 2
• Number of bathrooms: 2
• Apartment size: 75 m2
• Storeroom
• Parking
• VRV system
• Built-in equipped kitchen
• Built-in wardrobes in the bedrooms
• Equipped bathrooms
• Upholstered furniture
• Underfloor heating
• Double glazing
• Perfect quality
• Great location
• Suitable for permanent residence program - PR Fast Track
• A great choice for living and recreation
• Excellent rental potential
• Cost 320,000 euros