€ 260 000

€ 2 342 / 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 Geroskípou, Paphos, Cyprus No. 4976

Bedrooms

111 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Modern stylish complex of 6 apartments with 2 bedrooms in walking distance to the sea. The house has perimeter cameras, parking and a panoramic barbecue area on the roof. Each apartment has an area of 111 m2, a convenient layout, a place in a closed Parking lot. The windows offer a picturesque view of the sea. The long equipped beach is only 1 km away, the city center is 5 km away, and Paphos International Airport is 10 km away. This is a great combination of price-quality-location and an excellent option for investment in order to obtain permanent residence.

• Property type: apartments
• Area 111 m2
• Cost from 260 thousand euros
• Due date - 3rd quarter 2024
• 2 bedrooms and 2 bathrooms
• Large covered balconies equipped with barbecue
• Sea view
• Modern architectural design
• Upgraded thermal aluminum series
• Individual kitchen design
• A wide range of imported ceramic tiles and marble
• Branded plumbing
• Central heating and air conditioning
• Energy saving class A
• Indoor parking
• Garden
• Closed area
• Suitable for permanent residence
• Suitable for rental
• Suitable for permanent residence
• Installment payment until the end of construction