€ 343 800

€ 6 016 / 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%

1 bedroom Apartment in Paphos, Cyprus No. 54311

Bedrooms

Bathrooms

57.15 sq.m.

Square

Parameters

Property Description

Modern 1-bedroom apartment for sale in Pafos City, offering 57.15 sq.m. of internal space and 25.40 sq.m. of uncovered verandas. This off-plan property features 1 bathroom, a fully equipped kitchen, a spacious living room, and 1 closed parking space. Designed for comfort and efficiency, it includes air conditioning, aluminum frames with double-glazed windows, tiled floors, and an A-rated energy certificate. Enjoy stunning city views and close proximity to the sea, shopping mall, and city center. Additional amenities include an elevator, storage room, and solar panels. Ideal for modern urban living or investment. Don’t miss the opportunity to own a property in one of Pafos’s most desirable locations.