€ 265 000

€ 5 300 / 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 Geroskípou, Paphos, Cyprus No. 51021

Bedrooms

Bathrooms

50 sq.m.

Square

Parameters

Property Description

This boutique residential development is set in the green hills of Geroskipou, offering a peaceful living environment with views of the sea. The project consists of just twelve one- and two-bedroom apartments, creating an intimate atmosphere that combines privacy with a modern residential setting.

Designed to redefine everyday living, the development provides residents with access to indoor wellness facilities, including a heated swimming pool, gym, and sauna, all carefully integrated to support relaxation and comfort. The surrounding landscaped areas bring nature closer, enhancing the overall living experience.

The location offers a unique balance between tranquillity and convenience, with easy access to the main attractions and amenities of Paphos while maintaining a quiet residential character. The architectural concept makes full use of the natural slope of the land, ensuring smooth and private access through two separate entrances at different levels.

Each apartment is designed with spacious verandas and green terraces, creating a strong connection between indoor and outdoor living. The layout allows residents to enjoy open views and a sense of seclusion, offering a lifestyle that blends comfort, privacy, and a natural setting.

The main features of the project and the units:
• Located in Geroskipou Hills, Paphos
• Boutique development with 12 apartments
• One- and two-bedroom apartments
• Sea views
• Indoor heated swimming pool
• Private gym
• Sauna
• Landscaped garden areas
• Two separate entrances at different levels
• Spacious verandas and planted terraces

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