€ 525 000

€ 5 357 / 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%

2 bedrooms Apartment in Chloraka, Paphos, Cyprus No. 54809

Bedrooms

Bathrooms

98 sq.m.

Square

I quarter, 2028

Completion date

Parameters

ID

54809
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Access

Public
Bedrooms

2
Floor

3
Total floors

3

Bathrooms

2
Square

98 sq.m.
Veranda area

37 sq.m.
To sea

1.2 km
To city center

3 km
To airport

19 km
Completion date

I quarter, 2028
Completed

No

Property Description

PROJECT OVERVIEW

Located in the well-established area of Chloraka, Cyprus, this modern residential project designed for comfortable and high-quality Mediterranean living. The development consists of 18 apartments, including 6 three-bedroom units and 12 two-bedroom units, making it suitable for families, couples and investors.
Each apartment is thoughtfully designed to offer bright and spacious interiors. Large windows allow plenty of natural light while providing beautiful panoramic sea views. The layouts are practical and modern, creating a comfortable and relaxing living environment.
All apartments are built using high-quality materials and include underfloor heating, a VRF air conditioning system and Class A energy efficiency. These features ensure year-round comfort while helping to reduce energy consumption.
Residents can enjoy a selection of facilities, including a gym, sauna and a large infinity swimming pool. The project also includes provisions for electric car charging, supporting a more sustainable and future-oriented lifestyle.
The development is ideally located just 1 km from the beach and close to international schools, restaurants, supermarkets, a pharmacy and other everyday services, making daily life easy and convenient. This makes it an excellent choice for permanent living, holiday use or investment.
The project offers a great opportunity to enjoy a modern lifestyle in a peaceful coastal setting, combining comfort, quality and a prime location.