€ 415 000

€ 8 137 / 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%

1 bedroom Apartment in Paphos, Cyprus No. 53038

Bedrooms

Bathrooms

51 sq.m.

Square

Parameters

Property Description

For sale off-plan, this modern one-bedroom apartment is located in the highly sought-after Tombs Of The Kings area. With an internal space of 51 m², it offers a bright open-plan living and dining area, a spacious bedroom, and a stylish bathroom. Situated on the second floor of a four-story building with elevator access, this property features an A-rated energy efficiency and a central AC system for year-round comfort. An optional furniture package is also available for your convenience.

Set in a secure, gated complex, residents will enjoy amenities including a including 3 communal swimming pools, including an adult only zone, spa and wellness centre, restaurant, mini market, offices and business facilities, mini market and a fully equipped gym. The neighborhood of Tombs Of The Kings is well known for its mix of ancient landmarks, vibrant cafes, and easy access to beautiful beaches. You'll find supermarkets, shops, and public transport just a short distance away, making everyday living simple and convenient.

This apartment is ideal for both investors and those seeking a modern home in a prime location, with completion scheduled for 2030. Contact Purple International Real Estate today to learn more about this unique opportunity in one of the area's most desirable developments.