2 bedrooms Apartment in Kato Paphos, Paphos, Cyprus No. 53208

2

Bedrooms

78 sq.m.

Square

+ 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

The project is a new and modern development in the heart of Kato Paphos.

It offers studios, 1 and 2 bedroom apartments, including ground floor cabanas with spacious private gardens and penthouses with panoramic sea views.

The development includes comfortable resort facilities: a reception desk, concierge, a gym, a generous swimming pool and landscaped gardens.

Great investment opportunities for both permanent residency, long long-term or holiday apartment rentals.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

Storage room

Car park

Car park

Common area with pool

Common area with pool

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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