€ 440 000

€ 5 641 / 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. 50901

Bedrooms

78 sq.m.

Square

Parameters

Property Description

A modern gated residential development, offering contemporary apartments.

It is ideally located within easy reach of everyday amenities, including shops, services, and key road connections, providing excellent accessibility for both residents and investors.

Apartments’ features include:

• Concealed VRV system for cooling
• Underfloor heating with Hydro-Kit
• Alarm system in each apartment and intercom camera at entrance
• Fully fitted kitchens with porcelain worktops
• Built-in wardrobes up to 2.80m height
• High internal doors (up to 2.40m)
• Individual covered parking space and private storage room for each apartment
• Communal swimming.

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