€ 330 000

€ 4 342 / 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 Paphos, Cyprus No. 50340

Bedrooms

76 sq.m.

Square

Parameters

Property Description

An exclusive boutique development of just eight elegant apartments in Paphos Universal area.

Designed with modern architecture, high quality finishes and a communal swimming pool, this project combines contemporary living with long term value.

Each apartment with covered parking and spacious verandas.

A distinguished opportunity for a sustainable investment in one of Cyprus’ most dynamic areas.

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