€ 690 000

€ 4 452 / 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. 55806

Bedrooms

Bathrooms

155 sq.m.

Square

Parameters

Property Description

Open layout rooms, and modern design, in a location that gives the advantage to its resident to enjoy, not only the comfort provisioned but also the convenience of short driving distances to any necessary amenities. The Apartment is situated on the ground floor, with private direct access to it, and is provisioned with its own private parking that has a censored light system. To ensure residents security video door is provisioned as a CCTV system, with a smoke/fire alarm not only within the apartment but in communal areas too. Insulation for thermal and sound purposes double glazed windows are installed as a VRV system used both for cooling and heating. Electric Blinds with lighting installation for decorative purposes are provisioned too. The apartments will have the opportunity to enjoy central satellite tv and beautiful views of the city centre. An opportunity for a family not to be missed.