+ 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 Penthouse in Geroskípou, Paphos, Cyprus No. 53405

3

Bedrooms

3

Bathrooms

104 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

3-Bedroom Penthouse for Sale in Geroskipou
Experience elevated living in this exceptional 3-bedroom penthouse located in the sought-after area of Geroskipou, Paphos. Offering 104 sq.m. of internal living space, this off-plan residence combines contemporary architecture, premium finishes, and an excellent location, making it an ideal choice for both homeowners and investors.
The penthouse features two spacious bedrooms and two modern bathrooms, thoughtfully designed to provide maximum comfort and privacy. The bright open-plan living and dining area is enhanced by large windows that fill the home with natural light while offering beautiful sea and public square views.
Residents will benefit from a range of high-quality amenities, including secure underground parking for one vehicle, a private storage room, elevator access, and advanced security systems with CCTV, security cameras, and a security alarm.
Property Features
Internal area: 104 sq.m.
3 Bedrooms
3 Bathrooms
Penthouse
Underground parking for 1 vehicle
Storage room
Elevator
Air conditioning
Sea view
Public square view
CCTV system
Security alarm
Security cameras
Off-plan
Prime Location
Ideally positioned close to all essential amenities, the property offers excellent access to transportation, the sea, shopping, dining, and entertainment.
Sea
City Centre
Mall
Cafés and Restaurants
Public Transportation
Combining stylish contemporary design, quality construction, and an outstanding location, this penthouse represents an excellent opportunity for permanent residence, a luxurious holiday home, or a high-potential investment in one of Paphos’ most desirable residential areas.

Features

Close to shopping malls

Close to shopping malls

City center

City center

Sea view

Sea view

Alarm system

Alarm system

Elevator

Elevator

Garden

Garden

Similar Property

568 000

3 Bedrooms

2 Bathrooms

104 sq.m.

+ VAT

605 000

3 Bedrooms

104 sq.m.

+ VAT

634 400

3 Bedrooms

104 sq.m.

+ VAT

385 000

3 Bedrooms

104 sq.m.

+ VAT

3 bedrooms Penthouse in Geroskípou, Paphos, Cyprus No. 53405

3 bedrooms Penthouse in Geroskípou, Paphos, Cyprus No. 53405

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Sea view

Sea view

Features

Alarm system

Alarm system

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

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