+ 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 Paphos, Cyprus No. 53856

3

Bedrooms

2

Bathrooms

115.56 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

• 3-Bedroom Apartment for Sale | Kato Pafos | Off-Plan Luxury Development
• Delivery: September 2028
Discover a unique opportunity to own a modern 3-bedroom apartment (115.56 sq.m.) in the heart of Kato Pafos, combining elegant neoclassical design with contemporary comfort
• Property Details:
• 3 comfortable bedrooms
• 2 stylish bathrooms
• 1 covered parking space
• Private storage room
• Located on the 2nd floor
• Comfort & Efficiency:
• Underfloor heating
• Air conditioning
• Energy Efficiency Rating A (low energy costs)
• Project Features & Amenities:
• Elevator access
• Communal swimming pool
• Landscaped garden areas
• Security cameras
• Internet ready
• Enjoy pleasant city views in a beautifully designed residential project that blends timeless architecture with modern living.
• Prime location – walking distance to:
• Mall
• Cafés & restaurants
• City center
• Off-plan investment opportunity with excellent potential for capital growth and rental return in one of Pafos’ most sought-after areas.
• Ideal for permanent residence, holiday home, or investment.

Features

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

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3 bedrooms Apartment in Paphos, Cyprus No. 53856

3 bedrooms Apartment in Paphos, Cyprus No. 53856

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Features

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

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