€ 330 000

€ 4 074 / 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. 50598

Bedrooms

81 sq.m.

Square

Parameters

Property Description

This residential development is located in the city centre of Paphos and offers a low-density living environment with four 2-bedroom apartments and two 2-bedrom penthouses. The building is thoughtfully arranged to provide privacy and a comfortable residential atmosphere.

The project consists of three residential floors, each accommodating two two-bedroom apartments, ensuring a balanced and practical layout throughout the building. All residences are designed to provide functional living spaces suitable for everyday use.

A rooftop pool area enhances the overall living experience and creates an additional space for relaxation. Selected apartments on the third floor feature private swimming pools, offering an elevated level of comfort and exclusivity.

A welcoming lobby and dedicated parking area are located on the ground floor, providing convenience and easy access for residents.

The main features of the project and the units:
• 6 apartments
• Four 2-bedroom apartments and two 2-bedrom penthouses
• Two apartments per floor
• Three floors
• Rooftop pool area
• Private swimming pools for apartments 301 and 302
• Lobby area
• Parking

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