€ 525 000

€ 6 287 / 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 Chloraka, Paphos, Cyprus No. 54422

Bedrooms

Bathrooms

83.5 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

For sale: A modern 1st-floor apartment located in Chlorakas, spanning 83.50 sq.m. This property features 2 bedrooms, 2 bathrooms, 1 kitchen, and 1 living room. It boasts an “A” energy efficiency certificate, ensuring optimal energy usage and cost savings. Currently under construction, this apartment offers contemporary living with high-quality finishes.
Key amenities include access to an elevator, a common pool, a spa, a massage room, and a gym, providing a luxurious and convenient lifestyle. Situated in a desirable area, this property combines comfort with upscale facilities, making it an excellent investment or a perfect home for individuals seeking a vibrant community.
Delivery: End of 2025