€ 297 000

€ 6 061 / 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%

1 bedroom Apartment in Paphos, Cyprus No. 56271

Bedrooms

Bathrooms

49 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

For sale: A modern off-plan 1st-floor apartment located in the heart of Pafos City, offering a unique blend of comfort and convenience. This thoughtfully designed 49 sq.m. property features one spacious bedroom, one stylish bathroom, and a private closed parking space. Ideal for singles or couples, it comes equipped with air conditioning and boasts an energy efficiency certificate rated A, ensuring low energy consumption and year-round comfort.
Situated in a prime location, the apartment is just moments away from a park, supermarkets, shopping malls, local markets, cafes, restaurants, and the vibrant city center. Enjoy beautiful city views from your new home while benefiting from easy access to all urban amenities. Whether you’re looking for a smart investment opportunity or a cozy city residence, this property combines modern living with everyday convenience. Don’t miss the chance to own this well-located apartment in one of Cyprus’s most charming cities. Completion timeline and customization options available upon request.