€ 1 250 000

€ 8 621 / 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%

3 bedrooms Apartment in Paphos, Cyprus No. 54487

Bedrooms

Bathrooms

145 sq.m.

Square

Parameters

Property Description

For sale: A modern penthouse apartment currently under construction in the heart of Paphos Town. This elegant home offers a spacious internal area of 145 square meters, thoughtfully designed to maximize comfort and style. The apartment features three bedrooms and two bathrooms, making it ideal for families or those seeking extra space. Enjoy the added convenience of a private elevator, ensuring easy access to your penthouse.

The layout emphasizes open-plan living, with large windows that allow plenty of natural light and offer views over the city skyline. Underfloor heating provides warmth throughout the apartment, creating a cozy environment year-round. High-quality finishes and contemporary design elements are present in every detail.

Paphos Town is known for its vibrant atmosphere, blending history, culture, and modern conveniences. Residents benefit from a short walk to shops, restaurants, schools, and leisure facilities, making daily life both comfortable and convenient. Everything you need is just moments away, yet you can still enjoy a sense of peace and privacy at home.

This exclusive opportunity is brought to you by Purple International Real Estate. Contact us today for more information or to arrange a visit to the development.