€ 536 000

€ 6 768 / 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. 51595

Bedrooms

Bathrooms

79.2 sq.m.

Square

Parameters

Property Description

For sale is an off-plan apartment offering modern living in the popular area of Kato Paphos. This property features a comfortable internal space of 79.2 square meters, well-designed with two bedrooms and two bathrooms. Situated on the first floor of a two-story building with an elevator, the apartment is easily accessible for all.

Kato Paphos is a thriving location known for its beautiful seafront, historical sites, and relaxed atmosphere. Residents enjoy easy access to local shops, restaurants, schools, and public transport. The neighborhood is perfect for both families and professionals seeking a blend of culture and convenience.

The apartment is part of a secure gated complex, offering peace of mind and exclusive amenities. Spend your days relaxing by the communal swimming pool or entertaining friends in a pleasant environment. The property boasts an energy efficiency rating of A, ensuring lower utility costs and environmental sustainability. Optional furnishing packages are available to help you move in with ease.

This excellent property is presented by Purple International Real Estate. For more details or to arrange a viewing, please contact us today.