+ 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 Geroskípou, Paphos, Cyprus No. 56270

1

Bedrooms

1

Bathrooms

65 sq.m.

Square

Parameters

Property Description

For sale: A stunning 1-bedroom apartment located in the desirable area of Geroskipou – Koloni. This contemporary home offers 65sq.m. of internal space, featuring 36 sq.m. of covered verandas. The apartment includes 1 bathroom, a modern kitchen, a bright living room, and a closed parking space. Currently under construction, it is designed for luxury and comfort with air conditioning, tiled floors, double-glazed aluminum windows, and an A-rated energy certificate. Enjoy panoramic sea views and high-end features such as a common swimming pool, storage room, security door, CCTV, and smart home technology. This elegant residence combines stylish architecture with advanced home systems, offering both privacy and sophistication. Located in a quiet yet accessible area, it’s perfect for families or investors seeking quality living near Pafos. A truly exceptional opportunity in one of the region’s top neighborhoods.

Features

Mountain view

Mountain view

Smart Home system

Smart Home system

Private parking

Private parking

Swimming pool

Swimming pool

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1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 56270

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 56270

Features

Location

Mountain view

Mountain view

Features

Smart Home system

Smart Home system

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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