+ 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 Geroskípou, Paphos, Cyprus No. 53407

3

Bedrooms

3

Bathrooms

104 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

3-Bedroom Apartment for Sale in Geroskipou
Discover contemporary living in this beautifully designed 3-bedroom apartment located in the sought-after area of Geroskipou, Paphos. Offering 104 sq.m. of internal living space, this off-plan residence combines modern architecture, quality finishes, and an excellent location, making it an ideal home or investment opportunity.
The apartment features three spacious bedrooms and three modern bathrooms, providing comfort and privacy for families and guests. The open-plan living and dining area is designed to maximize natural light, while large windows create a bright and welcoming atmosphere and offer pleasant sea views.
Residents will benefit from a range of premium amenities, including secure underground parking for one vehicle, a private storage room, elevator access, and advanced security systems featuring CCTV, security cameras, and a security alarm.
Property Features
Internal area: 104 sq.m.
3 Bedrooms
3 Bathrooms
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 everyday amenities, the apartment offers easy access to transportation, the sea, shopping, dining, and entertainment.
Sea
City Centre
Mall
Cafés and Restaurants
Public Transportation
Combining a modern design, premium specifications, and an excellent location, this apartment is an outstanding choice for permanent living, a holiday home, or a high-return 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

Off-plan development

Off-plan development

Elevator

Elevator

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3 bedrooms Apartment in Geroskípou, Paphos, Cyprus No. 53407

3 bedrooms Apartment in Geroskípou, Paphos, Cyprus No. 53407

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Sea view

Sea view

Features

Alarm system

Alarm system

Off-plan development

Off-plan development

Indoor facilities

Elevator

Elevator

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