€ 780 000

€ 8 966 / 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 Paphos, Cyprus No. 53031

Bedrooms

Bathrooms

87 sq.m.

Square

Parameters

Property Description

For sale: Off-plan, modern apartment offering a total internal space of 87 m², situated on the top floor with elevator access. This thoughtfully designed property features 2 spacious bedrooms and 2 contemporary bathrooms, all finished to a high standard. Boasting an energy efficiency rating of A, the apartment ensures comfortable living and reduced energy costs year-round.

Located in the sought-after Tombs Of The Kings area, you are at the heart of a vibrant neighborhood known for its archaeological significance and lively atmosphere. Residents are within walking distance to historic sights, a beautiful coastline, restaurants, supermarkets, and a wide range of local amenities.

The apartment is part of a secure, gated complex offering excellent facilities, including 3 communal swimming pools, including an adult only zone, spa and wellness centre, restaurant, mini market, offices and business facilities, mini market and fully equipped gym. Central air conditioning throughout guarantees comfort, and an optional furnished package is available for your convenience.

Scheduled for completion in 2030, this property represents an exceptional opportunity for modern living or investment in one of the area's most desirable addresses. Contact Purple International Real Estate today to learn more or to arrange a viewing.