+ 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%

53m2 Apartment in Geroskípou, Paphos, Cyprus No. 4962

53 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: An exclusive 5-star gated complex is located on the outskirts of the city of Paphos, in the popular coastal village of Geroskipou, 3 km from the sea and 5 km from the city center. The concept of the project is aimed at people over 60 years old and resembles a country hotel, which will consist of approximately 105 properties with modern design, ranging from studios to one, two and three bedroom apartments, designed on an area of more than 20,000 square meters and located in lush landscaped public gardens.Fully licensed medical center

• Duty nurse 24/7
• Doctor on call and ambulance service 24/7
• Emergency call system connected to the medical center
• Pharmacy on the territory of the complex
• On-site medical care will be provided 24/7 by our partners - the Blue Cross Medical Center and St. George's Clinic. These are two of the most famous private hospitals in Paphos, which merged in 2012 to form a comprehensive medical center unique to the Paphos region, offering unsurpassed knowledge, experience and resources.

Rest

• Outdoor and indoor heated pools
• Spa and gym
• Communal gardens
• Restaurants, Cafes and bar
• Club House and social events

In the center of the village is the central building, which houses the amenities of the club, of which you are automatically a member. The building's facilities include a restaurant, bar, lounge, wellness center, outdoor and indoor heated pools, gym and Jacuzzi.

The building's facilities include a restaurant, bar, lounge, wellness center, outdoor and indoor heated pools, gym and Jacuzzi. Also from here we manage the estate, maintain the territory and property, as well as provide the services you need.

Safety and comfort

• Gated complex with private road
• Management company
• CCTV cameras
• On-site security 24/7
• Wheelchair accessibility

It is very important to feel safe in your own home, and this is especially true with age. Nothing compares to the feeling of being able to enjoy the lifestyle for which you have worked so hard, without worrying about whether your home, property, and even yourself are safe. That's why, if you're planning to move out of the family home for retirement, you'll probably be considering which accommodation option provides the best security. If you are trying to find the ideal living conditions for retirement, the benefits of a closed retirement community for the elderly are truly unique.

• The possibility of interest-free installment payment until the end of construction is offered
• Suitable for permanent residence under the PR Fast Track program
• Studio from 53 m2 - from 170,000 euros
• 1-bedroom apartments from 68 m2 - from 210,000 euros
• 2-bedroom apartments from 97 m2 - from 295,000 euros
• 3-bedroom apartments from 155 m2 - from 420 000 euros
• The specification includes heated marble floors, built-in kitchen equipped with household appliances, built-in wardrobes in the bedrooms, VRV air conditioning system, etc. Furniture - additional option

To get more detailed information, layouts, to clarify the availability of specific apartments, operational screenings and consultations: whatsapp/viber/telegram

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53m2 Apartment in Geroskípou, Paphos, Cyprus No. 4962

53m2 Apartment in Geroskípou, Paphos, Cyprus No. 4962

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