€ 230 000

€ 4 600 / 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%

1 bedroom Apartment in Paphos, Cyprus No. 50612

Bedrooms

50 sq.m.

Square

Parameters

Property Description

This residential development is located in the upper area of Paphos, offering a combination of privacy, natural light and open Mediterranean views. The location provides convenient access to everyday amenities, including schools, medical centres, a hospital, supermarkets and sports facilities, all situated within a short distance.

The project comprises a selection of apartments designed for modern living, with well-planned layouts and bright interiors. Open-plan living and dining areas, together with covered verandas, create comfortable indoor and outdoor spaces suitable for daily use.

The building is positioned on a corner plot, enhancing privacy and allowing for open views and increased natural light throughout the residences. Apartments are equipped with modern kitchen and bathroom fittings.

Upper-floor units benefit from enhanced sea views, while the top floor features spacious penthouses with large verandas and private rooftop swimming pools, offering an elevated residential experience.

Residents have access to a range of communal facilities designed to support a balanced lifestyle, including landscaped outdoor areas, wellness amenities and shared leisure spaces.

Prices include access to the shared swimming pool, communal sauna area, gym area and children playground

The main features of the project and the units:
• 14 one-bedroom apartments
• 2 two-bedroom apartments
• 2 three-bedroom penthouses
• Covered verandas
• Open-plan living and dining areas
• Modern kitchen and bathroom fittings
• Landscaped garden
• Communal swimming pool
• Sauna
• Fully equipped gym
• Kids’ play area
• Lobby area
• Showers and WC for communal facilities
• Private swimming pools for penthouses
• Designated parking spaces
• Storage rooms
• Located in the upper area of Paphos
• Close to schools, medical centres, hospital and supermarkets
• Corner plot with enhanced privacy
• Sea views