+ 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%

1 bedroom Apartment in Paphos, Cyprus No. 56268

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

For sale in Pafos City, a charming 50 sq.m. apartment on the 2nd floor. This well-designed residence features 1 bedroom and 1 bathroom, offering a comfortable living space. The apartment comes with the convenience of 1 open parking space. The building offers a communal pool, gym, sauna, jacuzzi and steam-bath. Situated in a prime location, it provides proximity to the sea, seaside attractions, a mall, the bustling city center, and the port. Whether you seek a tranquil seaside retreat or easy access to urban amenities, this apartment caters to diverse preferences.

Features

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

New project

New project

Swimming pool

Swimming pool

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

Similar Property

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1 Bathrooms

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+ VAT

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1 Bathrooms

50 sq.m.

+ VAT

315 000

1 Bedrooms

50 sq.m.

+ VAT

315 000

1 Bedrooms

50 sq.m.

+ VAT

1 bedroom Apartment in Paphos, Cyprus No. 56268

1 bedroom Apartment in Paphos, Cyprus No. 56268

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

First sea line

First sea line

Features

New project

New project

Outdoor features

Swimming pool

Swimming pool

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