€ 599 000

€ 6 283 / 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%

95.34m2 Shop in Paphos, Cyprus No. 51250

Bathrooms

95.34 sq.m.

Square

Parameters

Property Description

For sale: A modern off-plan shop with an internal space of 95.34 square meters, perfectly positioned on the ground floor with easy elevator access. This spacious unit includes two bathrooms, offering convenience for your business and your clients. The flexible layout is ideal for a variety of retail or office uses, while large windows provide abundant natural light with stunning city and sea views. For those seeking a turnkey solution, optional furnishing is available.

Located in the heart of Paphos Town, this property sits in a vibrant area known for its lively atmosphere, historic sites, and welcoming community. Local shops, cafes, and services are just steps away, making it a smart choice for businesses seeking excellent exposure and access to foot traffic. Residents and visitors alike are drawn to the area for its blend of modern living and charming scenery.

As part of a well-appointed building, owners will enjoy access to a communal swimming pool and a fully equipped gym — unique features that help your business stand out. This is a rare opportunity to invest in an up-and-coming area. For more information or to arrange a viewing, contact Purple International Real Estate.