€ 455 000

€ 5 482 / 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. 50501

Bedrooms

83 sq.m.

Square

Parameters

Property Description

This contemporary complex is conveniently located from the private school and just 5 minutes drive from the town center. The beach is just 570 meters from the development.

The project offers 29 beautifully designed apartments and townhouses, combining modern living with coastal charm. Some apartments feature stunning sea views, while others offer amazing mountain views. The spacious layouts are designed for both comfort and style.

Residents can enjoy the communal pool and the gym, secure parking.

These homes are perfect for those seeking a mix of relaxation and city life.

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