€ 312 000

€ 3 838 / 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. 54437

Bedrooms

Bathrooms

81.3 sq.m.

Square

Parameters

Property Description

For sale: A modern ground floor apartment in Geroskipou, offering a blend of comfort and convenience. This 81.30 sq.m. apartment features 15.5 sq.m. of covered verandas, perfect for relaxing outdoors. The property includes two spacious bedrooms, two bathrooms, a well-designed kitchen, and a cozy living room. Additional amenities include air conditioning and an open parking space for one vehicle. The apartment is currently under construction and holds an A-rated energy certificate, ensuring efficiency and sustainability.
Situated close to the sea, seaside, major mall, and city center, this apartment provides easy access to essential services and leisure activities. Residents will also enjoy access to a common swimming pool, enhancing the living experience with recreational options.
This apartment represents an excellent investment opportunity, combining modern features, a prime location, and community amenities. Don’t miss the chance to own this exceptional property in Geroskipou. Contact us for more details and to schedule a viewing.