€ 285 000

€ 3 314 / 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 Agios Pavlos, Limassol, Cyprus No. 53368

Bedrooms

Bathrooms

86 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Apartment for sale on the 1st floor in Paphos, offering 86 sq.m. of modern living space. This under-construction property features 2 bedrooms, including a master bedroom en-suite, 2 bathrooms, a contemporary kitchen, and a bright living area. It includes covered parking with provision for an electric car charger and private storage. Designed with energy efficiency Class A, it offers thermal-insulated walls and windows, double glazing, tiled floors, solar hot water panels, pressurized water system, and provision for A/C and a private photovoltaic system. The gated community also provides a solar photovoltaic system for common areas, elevator access, security entrance doors, and a digital video intercom. Ideally located close to the mall and city center, it’s perfect for comfortable living or investment.