€ 280 000

€ 5 385 / 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 Moutallos, Paphos, Cyprus No. 54458

Bedrooms

Bathrooms

52 sq.m.

Square

Parameters

Property Description

For sale: A luxurious 3rd-floor apartment located in the Moutallos area of Pafos City. Covering 52 sq.m. of internal space with an additional 37 sq.m. of covered verandas and 19 sq,m. of uncovered verandas, this off-plan property offers a modern design and high-end features. It comprises 1 spacious bedroom, 1 bathroom, and an open-plan kitchen and living room. The apartment includes a closed parking space, air conditioning, and double-glazed windows for energy efficiency (Energy Certificate: A). With tiled floors and stunning sea and city views, it is conveniently situated near the sea, mall, and city center. Additional features include an elevator, storage room, security door, and security cameras, ensuring a comfortable and secure living environment.