+ 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 Paphos, Cyprus No. 54464

2

Bedrooms

2

Bathrooms

85 sq.m.

Square

Parameters

Property Description

Apartment for sale in Pafos City, offered off-plan. This modern apartment spans 85 sq.m. with 27 sq.m. of covered verandas, comprising 2 bedrooms, 2 bathrooms, a kitchen, and a living room. The property includes one closed parking space and is equipped with air conditioning. With an energy certificate rating of A, it ensures high energy efficiency.
Strategically located close to the sea, seaside, mall, and city center, this apartment provides convenient access to essential amenities. It also offers additional features like storage space and a common swimming pool, enhancing its appeal for comfortable living. Ideal for those seeking a contemporary living space in a prime location, this apartment in Pafos City promises modern comforts and leisure amenities.

Features

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

Off-plan development

Off-plan development

Private parking

Private parking

Swimming pool

Swimming pool

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

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2 bedrooms Apartment in Paphos, Cyprus No. 54464

2 bedrooms Apartment in Paphos, Cyprus No. 54464

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

Features

Off-plan development

Off-plan development

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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