€ 295 000

€ 5 463 / 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 Geroskípou, Paphos, Cyprus No. 54445

Bedrooms

Bathrooms

54 sq.m.

Square

Parameters

Property Description

For sale: A spacious apartment in Geroskipou, offering modern living and exceptional amenities. This 54 sq.m. apartment features 15 sq.m. of covered verandas, perfect for enjoying the outdoors. The property comprises one comfortable bedroom, one contemporary bathroom, a well-equipped kitchen, and a cozy living room. Designed for comfort, the apartment includes underfloor heating and air conditioning.
With an A-rated energy certificate, the apartment ensures energy efficiency and sustainability. Currently under construction, this property is ideally located close to the sea, seaside, major mall, and city center, providing convenient access to essential services and leisure activities. Residents will also benefit from a swimming pool, adding to the lifestyle and recreational options available.
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.