+ 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 Anavargos, Paphos, Cyprus No. 4988

2

Bedrooms

94 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: The project consists of six luxury 2 bedroom apartments located in the developing residential area of Anavargos in Paphos, surrounded by many amenities including schools and a general Hospital in Paphos. The location provides easy access to the highway, the center of Paphos and the sea. The natural landscape and the existing government buildings adjacent to it offer unobstructed sea views from all apartments. The design allows unhindered use of both indoor spaces and large covered verandas, which are equipped with barbecue facilities, offering a secluded relaxation area right in the city center. Modern and elegant architecture, cozy interior and first-class decoration will pleasantly surprise those who appreciate true comfort. Ideal for both permanent residence and investment with a high rental yield.

• Property type: apartments
• Area 94-101 m2
• The cost is from 260 to 285 thousand euros
• Deadline - 1st quarter 2025
• 2 bedrooms and 2 bathrooms
• Large covered balconies equipped with barbecue
• Unobstructed sea view
• Surrounded by schools, general hospitals profile and all amenities
• Modern architectural design
• Upgraded thermal aluminum series
• Custom kitchen design
• A wide range of imported ceramic tiles and marble
• Branded plumbing
• Central heating and air conditioning
• Energy saving class A

More detailed information, layouts, availability of apartments, live screenings and consultations: whatsapp/viber/telegram

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