3 bedrooms Apartment in Paphos, Cyprus No. 51797

Bedrooms

113 sq.m.

Square

€ 750 000

€ 6 637 / 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%

Parameters

Property Description

Nestled in the heart of Paphos, just steps away from the city's renowned archaeological museum, this landmark luxury residence seamlessly blends modern elegance with timeless heritage. Designed with meticulous attention to detail, the project features striking contemporary architecture, refined interiors, and panoramic views of the Mediterranean.

The building comprises 11 apartments spread across four residential floors: 2-bedroom apartments of 72.5 m² to 81 m² on the 1st, 2nd, and 3rd floors, and spacious 3-bedroom apartments of 112–113 m² on the 4th floor. Each unit comes with a covered veranda ranging from 13 m² to 23 m², offering generous outdoor living space. The apartments are designed with open-plan living and dining areas, modern kitchens, and abundant natural light throughout.

Residents enjoy an impressive range of shared amenities located in the basement level, including an indoor swimming pool, jacuzzi, spa area, fully equipped gym, a multipurpose area, and a kids' club. The ground floor features a welcoming lobby with lift access, storage rooms, and covered parking.

This is more than a home — it is a statement of style, sophistication, and connection to the cultural soul of Paphos.

The main features of the project and the units:

• Luxury residential building in the heart of Paphos, next to the archaeological museum
• 11 apartments across 4 residential floors
• 2-bedroom apartments from 72.5 m² to 81 m² (1st–3rd floors)
• 3-bedroom apartments of 112–113 m² (4th floor)
• Covered verandas from 13 m² to 23 m²
• Open-plan living and dining areas with modern kitchens
• Indoor swimming pool, jacuzzi, and spa in the basement
• Fully equipped gym area
• Multipurpose area and kids' club
• Covered parking and private storage rooms
• Lift access
• Panoramic Mediterranean views
• Contemporary architecture with refined interiors

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