€ 350 000

€ 4 487 / 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 Paphos, Cyprus No. 53511

Bedrooms

Bathrooms

78 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

2 bedroom Apartment For sale situated on the 1st floor in Paphos City. The Apartment is 78 sq.m and has a covered veranda of 35m2 overlooking the city. It consists of: 2 bedrooms, 2 bathrooms and it also has 1 parkings (1 Closed). Its prime location makes this project the perfect choice, as it is strategically located proximate to the beach and to educational and entertainment facilities.