575 000

Price history

€ 575 000

€ 495 000

€ 7 099 / 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. 50717

2

Bedrooms

81 sq.m.

Square

Parameters

Property Description

This gated building offers just 8 apartments in Paphos. Each apartment features spacious layouts, premium finishes, VRV cooling/heating and expansive balconies.

Located near supermarkets, schools, shops, restaurants, beaches and King’s Avenue Mall, the building includes undercover parking and modern kitchens. The development promises strong rental potential and a sophisticated lifestyle in the central area of Paphos.

Furthermore, each apartment includes a concealed VRV system for efficient cooling and heating, a built-in alarm system and intercom access. The interiors offer high internal doors, built-in kitchens and wardrobes, elegant bathrooms with walk-in showers and wall-mounted toilets.

All the apartment will be allocated a storage room.

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

Features

Storage room

Storage room

Car park

Car park

Common area with pool

Common area with pool

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

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

Similar Property

585 000

2 Bedrooms

81 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 35284

560 000

2 Bedrooms

2 Bathrooms

81 sq.m.

+ VAT

550 000

2 Bedrooms

81 sq.m.

+ VAT

540 000

2 Bedrooms

2 Bathrooms

81 sq.m.

+ VAT

Price history

€ 575 000

€ 495 000

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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