+ 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 Geroskípou, Paphos, Cyprus No. 55540

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

• Apartment for Sale – 4th Floor in Geroskipou
A modern 2-bedroom apartment with a total size of 80 m², located in the beautiful Geroskipou Hills area near Paphos.
• Key Features
• 2 comfortable bedrooms
• 2 bathrooms
• 1 covered parking space
• Energy efficiency rating: A
• Elevator in the building
• Private storage space
• Property Status: Off-plan
• Great Location
Close to the mall and city center, so you can easily enjoy shopping, restaurants, and city life while still living in a quiet and peaceful area.
• Lifestyle & Wellness
The building offers great amenities to help you relax and stay healthy:
• Internal heated swimming pool
• Private gym
• Sauna
• Garden area next to the pool for a calm, natural environment
• The Best of Both Worlds
Live in a peaceful, private setting in Geroskipou Hills while being just minutes away from everything Paphos offers.

Features

Close to shopping malls

Close to shopping malls

City center

City center

Smart Home system

Smart Home system

Private Gym

Private Gym

Elevator

Elevator

Swimming pool

Swimming pool

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2 bedrooms Apartment in Paphos, Cyprus No. 50285

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2 bedrooms Apartment in Geroskípou, Paphos, Cyprus No. 55540

2 bedrooms Apartment in Geroskípou, Paphos, Cyprus No. 55540

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Features

Smart Home system

Smart Home system

Indoor facilities

Private Gym

Private Gym

Elevator

Elevator

Outdoor features

Swimming pool

Swimming pool

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