€ 2 300 000

€ 17 164 / 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%

3 bedrooms Apartment in Paphos, Cyprus No. 53033

Bedrooms

Bathrooms

134 sq.m.

Square

Parameters

Property Description

For sale: This beautiful off-plan penthouse apartment offers 134 square meters of stylish internal living space. With three spacious bedrooms and three contemporary bathrooms, this residence is designed for both comfort and convenience. Enjoy private access with the dedicated elevator, leading directly to your new home.

Located in the sought-after Tombs of the Kings area, the property provides a unique blend of history and modern living. The area is well-known for its impressive archaeological sites and vibrant atmosphere. Residents benefit from easy access to a wide range of amenities, including shops, restaurants, bus routes, and the beautiful coastline, all within a short distance from your doorstep.

Built to a high standard in 2030, the apartment features an energy efficiency A rating, central AC system, and the option to purchase fully furnished. The gated complex offers excellent security, a private swimming pool for each penthouse, and a fully equipped gym for residents. Also 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.

This modern penthouse is an excellent opportunity for families or investors looking for luxury and convenience in a prime location. For more information or to arrange a viewing, please contact Purple International Real Estate.