€ 415 000

€ 2 748 / 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 Apartment in Geroskípou, Paphos, Cyprus No. 54279

Bedrooms

Bathrooms

151 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

• Premium New Residential Development in Geroskipou, Paphos — Delivery in 11 Months
Introducing an exclusive collection of eight luxury 3-bedroom apartments located in one of Geroskipou’s most sought-after residential neighbourhoods. Designed by a renowned architectural team and currently under construction, this boutique building combines modern elegance, generous interior spaces, and exceptional build quality — making it ideal for both comfortable living and high-yield investment.
Property Highlights
• 3-bedroom residences on every floor — two apartments per level for enhanced privacy.
• A mix of layouts offering two bathrooms (one ensuite + one main) or three ensuite bathrooms, depending on the unit .
• Spacious covered areas of approximately 151–156 m² plus large covered verandas — exceptional for city living.
• Open-plan living, dining, and kitchen areas designed for natural light and functionality.
• Generously sized master bedrooms, each with ensuite facilities.
• Private storage rooms and covered parking for each apartment.
Design & Construction Quality
Built to the highest European standards, the development features:
• Reinforced concrete structure in full compliance with Eurocodes.
• Thermal insulated façade, ensuring energy efficiency and year-round comfort.
• Double-glazed aluminium windows with thermal break technology.
• High-quality ceramic flooring and wall tiles throughout (Made in Spain).
• Modern kitchen cabinetry, granite countertops, and premium sanitary ware including Grohe or equivalent fixtures.
• VRF air-conditioning provisions, solar water heating, and full pipe-in-pipe plumbing systems.
• Superior roof and ground-level waterproofing systems for durability and protection.

Outdoor Spaces
Each apartment benefits from large covered verandas ideal for outdoor dining, relaxing, and enjoying the mild Mediterranean climate. Select units feature verandas up to 44 m², extending the living experience outdoors.

Location — Geroskipou, Paphos
Situated in a peaceful yet central area of Geroskipou, the development offers:
• Quick access to Paphos city center, schools, supermarkets, and sports facilities
• Only minutes from blue-flag beaches, the seafront promenade, and leisure amenities
• Easy access to the highway and Paphos International Airport
This location is rapidly growing, making it ideal for both residential use and property investment with strong rental demand.
Why This Project Stands Out
• Modern architecture & high-quality materials
• Spacious 3-bedroom layouts rarely available in new builds
• Energy-efficient construction
• Large balconies and comfortable indoor/outdoor living
• Attractive pricing for investors and families
• Delivery in approximately 11 months — secure now before completion

Features

City center

First sea line

Sea view

City view

Supermarket