€ 320 000

€ 3 721 / 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 Agios Theodoros, Limassol, Cyprus No. 54304

Bedrooms

Bathrooms

86 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Introducing an exclusive new development of 24 stylish, contemporary apartments—set to become a landmark in the city’s ongoing growth. Ideally located just a 3-minute walk from the new Technological University of Cyprus (TEPAK), this project presents a rare opportunity for investors and homebuyers alike.
Key Advantages:
Striking modern architecture with high-quality finishes
Prime central location in the heart of Paphos
Just steps from TEPAK – ideal for students and young professionals
2-year construction warranty for peace of mind
Walking distance to shops, cafes, restaurants, and entertainment
Investment Highlights:
Located in Paphos’s rapidly developing university district
High rental demand due to TEPAK proximity
Capital appreciation potential in a growing neighborhood
Perfect for student housing or short- to mid-term rental income
2-Bedroom (86m² interior + 31m² veranda)
Partial sea views available from upper floors
This is your chance to secure a property in one of Paphos’s most exciting and up-and-coming residential developments. Whether you’re investing or buying your first home, the location, design, and potential of this project make it a smart and strategic choice.