+ 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 Geroskípou, Paphos, Cyprus No. 54439

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

Parameters

Property Description

For sale: A modern 1st floor apartment in Geroskipou, offering a blend of comfort and convenience. This 50 sq.m. apartment features 13 sq.m. of covered verandas, perfect for relaxing outdoors. The property includes one spacious bedroom, one bathroom, 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.

Features

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

Swimming pool

Swimming pool

Similar Property

210 000

1 Bedrooms

1 Bathrooms

50 sq.m.

+ VAT

210 000

1 Bedrooms

1 Bathrooms

50 sq.m.

+ VAT

210 000

1 Bedrooms

50 sq.m.

+ VAT

210 000

1 Bedrooms

1 Bathrooms

50 sq.m.

+ VAT

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 54439

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 54439

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

Outdoor features

Swimming pool

Swimming pool

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