€ 430 000

€ 5 733 / 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 Kato Paphos, Paphos, Cyprus No. 50777

Bedrooms

Bathrooms

75 sq.m.

Square

Parameters

Property Description

For sale: Off-plan apartment offering modern living in the heart of Kato Paphos. This well-designed home spans 75 square meters of internal space and includes two spacious bedrooms and two stylish bathrooms. Situated on the second floor of a four-floor building with an elevator, the apartment provides both comfort and accessibility.

Kato Paphos is known for its vibrant atmosphere, picturesque streets, and proximity to historical sites, sandy beaches, and popular cafes. Residents enjoy a unique blend of coastal charm and city conveniences, with shops, restaurants, and amenities all within easy reach.

The apartment is part of a secure, gated complex with top-tier facilities, including a communal swimming pool and a fully equipped gym. Energy efficiency class A ensures reduced utility costs, while underfloor heating adds a touch of luxury. Large windows offer pleasant city views, filling the living space with natural light. Optional furnishing packages are available for your convenience.

This property is ideal for both personal use and investment. For more information or to arrange a viewing, please contact Purple International Real Estate.