2 bedrooms Apartment in Chloraka, Paphos, Cyprus No. 54566

2

Bedrooms

75 sq.m.

Square

+ 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%

Parameters

Property Description

Contemporary residential complex, designed to offer comfort, elegance and sea views.

The development consists of two modern blocks, comprising of 1, 2 bedroom apartments and studios.

The project features a lobby area, a gym, a communal swimming pool, jacuzzi, sauna and changing rooms.

Designed to maximize unobstructed sea views, each apartment offers contemporary architecture and natural beauty.

Other features:

• Upgraded thermal aluminium series
• Tailor made kitchen design
• Wide range of imported ceramic tiles and marbles
• Branded sanitary ware.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Car park

Car park

Common area with pool

Common area with pool

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Features

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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