+ 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 Empa, Paphos, Cyprus No. 56198

2

Bedrooms

2

Bathrooms

85 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Welcome to The Nest – A Modern Oasis in Paphos Town
Discover The Nest, a brand-new apartment building currently under construction in the heart of vibrant Paphos Town! Designed with modern living in mind, this sophisticated development offers 11 stylish units, seamlessly combining comfort, functionality, and contemporary design.
Key Features
Prime Location: Centrally situated, offering easy access to amenities, entertainment, and dining.
Thoughtful Layouts: Choose from a 2-bedroom units, each featuring 2 bathrooms for added convenience.
Class A Insulation: Energy-efficient design for year-round comfort and reduced utility costs.
Green Adjacent: Nestled next to a lush green area, providing a tranquil and refreshing ambiance.
Spacious Interiors: Designed for modern living, with comfortable sizes that cater to diverse needs.
Shared Amenities: Enjoy the communal pool, perfect for relaxation and socializing.
Storage Room: Each unit includes additional storage for organised living.
Covered Parking: Secure and convenient parking for all residents.
Covered Veranda: Extend your living space outdoors with private covered balconies.
Project Details
Built Area: 890 sqm
Plot Size: 900 sqm
Status: Under construction
Whether you’re a first-time buyer, investor, or looking for a new home in one of Paphos’ most sought-after areas, The Nest promises a perfect blend of style and practicality.
Don’t miss the chance to be part of this exciting new community. Contact us today for more information or to reserve your unit!

Features

School

School

Swimming pool

Swimming pool

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2 bedrooms Apartment in Empa, Paphos, Cyprus No. 56198

2 bedrooms Apartment in Empa, Paphos, Cyprus No. 56198

Features

Outdoor features

School

School

Swimming pool

Swimming pool

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