€ 580 000

€ 4 603 / 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%

3 bedrooms Apartment in Paphos, Cyprus No. 56272

Bedrooms

Bathrooms

126 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

For sale: A spacious off-plan apartment on the 3rd floor in the vibrant Pafos City, offering 126 sq.m. of modern living space. This beautifully designed residence features 3 comfortable bedrooms, 2 contemporary bathrooms, and a private closed parking space. With air conditioning throughout and an energy efficiency certificate rated A, the apartment promises comfort and cost-effective living year-round.
Located in a prime urban area, the property is within close proximity to parks, the sea, supermarkets, cafes, restaurants, and the city center—making it ideal for families, professionals, or as a rental investment. Enjoy stunning city views from your private space, with added security from on-site security cameras. The apartment combines urban convenience with contemporary design and high-quality finishes. A perfect blend of functionality and style, this home presents an excellent opportunity to invest in one of Pafos’s most desirable neighborhoods. Customization options and project timelines are available upon request.