€ 385 000

€ 4 278 / 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 Paphos, Cyprus No. 55453

Bedrooms

Bathrooms

90 sq.m.

Square

Parameters

Property Description

For sale: A 90 sq.m. apartment in Kato Pafos, Pafos City. This modern apartment includes 2 bedrooms, 2 bathrooms, a kitchen, a living room, and one closed parking space. It features underfloor heating, air conditioning, and is classified with an energy certificate of grade A. The property is currently under construction, offering a perfect blend of comfort and convenience. Situated close to the sea, seaside, mall, and city center, it provides easy access to all amenities and recreational areas. Ideal for those seeking a modern living space in a prime location. Don’t miss the opportunity to invest in this well-located property in one of Pafos’ most desirable areas.