€ 460 800

€ 5 760 / 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 Paphos, Cyprus No. 50285

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

For sale: A modern, off-plan apartment offering 80 m² of comfortable living space. Located on the top floor with elevator access, this property features two spacious bedrooms and two stylish bathrooms. Designed with contemporary finishes, the apartment provides an inviting atmosphere perfect for both relaxation and entertaining.

This apartment is ideally situated in Paphos, a vibrant area known for its beautiful coastline, rich history, and lively atmosphere. Residents can enjoy close proximity to local shops, restaurants, and all essential amenities. The nearby highway offers easy connections to other areas, making commuting and travel effortless.

Scheduled for completion in 2028, buyers have the option to purchase the apartment fully furnished, allowing for a smooth and seamless move-in experience. This is an excellent opportunity for homeowners or investors looking for a prime location and modern design.

Marketed by Purple International Real Estate, this property combines style, convenience, and excellent value. Contact us today to learn more or to reserve your new home in Paphos.