€ 467 500

€ 5 027 / 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. 56259

Bedrooms

Bathrooms

93 sq.m.

Square

Parameters

Property Description

For sale: A modern 2-bedroom apartment in Kato Pafos, Pafos City. The property offers 93 sq.m. of internal space plus a generous 34.50 sq.m. of covered verandas. It features 2 bathroom, a fully equipped kitchen, a cozy living room, and 1 closed parking space. Currently under construction, it comes with high-end finishes including underfloor heating, double-glazed windows, and tiled floors. Rated with an A energy certificate, the apartment ensures comfort and efficiency. Located near the sea, schools, and city center, it provides convenient access to key amenities. Enjoy beautiful city and sea views and added benefits such as an elevator, storage room, and modern design. A great investment in a prime area.