2 bedrooms Apartment in Paphos, Cyprus No. 52847

2

Bedrooms

79 sq.m.

Square

320 000

Price history

€ 320 000

€ 310 000

€ 4 051 / 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

A boutique four-storey residential development in a prime location in the city centre of Paphos, offering 21 thoughtfully designed residences ranging from studios to spacious three-bedroom apartments. Built to high construction standards with a reinforced concrete structure designed according to Eurocodes, the development delivers lasting quality and durability.

Each apartment comes with wall-mounted air conditioning in every room and a solar water heating system (150L boiler with solar panels). Optional electric underfloor heating is available, bringing an additional level of comfort for residents who desire it. Every unit includes a private balcony, a dedicated covered parking space, an intercom system with a colour screen, and a CCTV provision for added security.

The variety of layouts — studios, one-, two-, and three-bedroom apartments — caters to a wide range of buyers. The central location ensures effortless access to Paphos’s full complement of shops, restaurants, cultural attractions, and transport links.

The main features of the project and the units:

• Optional electric underfloor heating
• Wall-mounted air conditioning in every room
• Solar water heating system (150L boiler with solar panels)
• Studios, 1-, 2-, and 3-bedroom apartments
• 21 residences across 4 floors
• Private balcony for every unit
• Covered parking space for every unit
• Intercom system with colour screen
• CCTV provision
• Prime location in Paphos city centre

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

Features

Car park

Car park

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

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Price history

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Features

Outdoor features

Car park

Car park

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