€ 295 000

€ 5 673 / 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%

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 49786

Bedrooms

52 sq.m.

Square

Parameters

Property Description

Apartments in lower Geroskipou, Paphos, invite to enjoy Mediterranean living, providing stunning sea views. Some penthouses even feature private rooftop terraces.

These apartments offer open plan living, modern kitchens, quality finishes and advanced climate control systems. Residents will enjoy round the clock security, a gym, communal pool, parking and storage spaces.

Choose from one, two or three-bedroom apartments, each designed for comfort and convenience. A nearby supermarket and pharmacy make daily life easy, while the strategic location provides access to the city and the airport.

The Project has EPC certificate with "A" Energy Efficiency Rating.