€ 450 000

€ 5 696 / 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 Geroskípou, Paphos, Cyprus No. 54116

Bedrooms

Bathrooms

79 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

For sale: A luxurious 2nd-floor apartment in the sought-after area of Geroskipou. This newly developed 79 sq.m. residence, completed in 2024, offers modern living in an excellent condition. It features 2 spacious bedrooms, 2 bathrooms, a fully equipped kitchen, and a bright living room. The apartment includes 1 covered parking space, air conditioning, and high-quality aluminum frames with double-glazed windows. With an energy efficiency certificate rated A and tiled flooring throughout, this home is both stylish and eco-friendly.
Enjoy stunning panoramic sea views from your home, along with access to premium facilities such as a common swimming pool, gym, storage room, elevator, and advanced security systems including a security door, alarm, and cameras. Conveniently located close to the sea, schools, supermarkets, the city center, and entertainment venues, this apartment is ideal for modern living. A perfect blend of luxury, comfort, and location – an outstanding investment opportunity in Geroskipou.