€ 470 000

€ 6 620 / 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. 55176

Bedrooms

Bathrooms

71 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

A fantastic opportunity presents itself with this under-construction apartment for sale on the 5th floor in Pafos City. The apartment boasts a spacious 71 sq.m. of living space, providing a comfortable and modern lifestyle.
Comprising 2 bedrooms and 2 bathrooms, this apartment is designed for practicality and style. The well-equipped kitchen and inviting living room contribute to the overall appeal of the property. Additionally, it comes with 1 closed parking space for added convenience.
Central heating and air conditioning ensure a pleasant atmosphere throughout the apartment. The energy certificate, rated A, underscores the commitment to energy efficiency and sustainability.
Conveniently situated, the apartment is close to the sea, offering residents the joy of seaside living. The proximity to a mall, city center, and port enhances its appeal, making it a well-connected choice. The property also features amenities such as a common swimming pool and a common gym, adding a touch of luxury to everyday life.