€ 640 000

€ 5 614 / 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%

3 bedrooms Maisonette in Geroskípou, Paphos, Cyprus No. 54092

Bedrooms

Bathrooms

114 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Luxurious and modern 3-bedroom maisonette, in the heart of the touristic area of Paphos. Just within minutes away from the beach on a walk, with easy access to various services and amenities necessary for any household. Great location as it is easily accessible, within short driving distance to monuments, historical sites and for fun.