€ 940 000

€ 9 153 / 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 Geroskípou, Paphos, Cyprus No. 52874

Bedrooms

Bathrooms

102.7 sq.m.

Square

Parameters

Property Description

For sale is a modern, off-plan ground-floor apartment with a total internal space of 102.7 m2, offering comfortable living in a prime seafront location. This property features two spacious bedrooms and two contemporary bathrooms. An elevator provides easy access, making it suitable for all ages. The apartment comes with optional furnishing, allowing you to tailor the interior to your own tastes.

Enjoy a high standard of living with full central air conditioning, underfloor heating, and top-tier energy efficiency (class A). The gated complex enhances your privacy and security and includes several amenities such as a large communal swimming pool and a fully equipped gym. Relax with stunning sea views and direct access to the seafront, or make use of the nearby golf course for leisure.

Located in Geroskipou, a vibrant area well known for its mix of tradition and modern development. The neighborhood is close to local shops, cafes, and essential services, ensuring convenience while maintaining a peaceful atmosphere. Geroskipou offers scenic coastal walks and a welcoming community.

This apartment, built in 2030, is an ideal choice for modern living, holiday escapes, or investment. For more information, contact Purple International Real Estate, your trusted partner in property.