€ 350 000

€ 4 070 / 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. 50596

Bedrooms

86 sq.m.

Square

Parameters

Property Description

This residential development is located in the heart of Paphos Town, offering a contemporary urban lifestyle in a central yet peaceful setting. Positioned in a well-established residential neighbourhood, the project provides a comfortable environment while remaining close to a wide range of amenities and services.

The development features a selection of one-, two- and three-bedroom apartments designed with modern architecture and high-quality finishes. The interiors are complemented by spacious verandas, allowing residents to enjoy a Mediterranean atmosphere and extend their living space outdoors.

The penthouse benefits from a private rooftop swimming pool, exclusively for its residents, creating a secluded space for relaxation and leisure. The location also offers convenient access to sandy beaches within a short drive, making it suitable for both permanent residence and investment.

The main features of the project and the units:
• One-, two- and three-bedroom apartments
• Contemporary architectural design
• High-quality finishes
• Spacious verandas
• Private rooftop swimming pool for the penthouse
• Located in Paphos Town centre
• Quiet residential neighbourhood
• Close to amenities and services
• Short drive to sandy beaches

The project has an EPC certificate with “A” energy efficiency rating.

Features

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

2 Bedrooms

86 sq.m.

+ VAT

2 Bedrooms

86 sq.m.

+ VAT

2 Bedrooms

86 sq.m.

+ VAT

2 Bedrooms

86 sq.m.

+ VAT