+ 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. 56275

1

Bedrooms

1

Bathrooms

58 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

This modern 3rd-floor apartment in Pafos City offers a stylish and comfortable living space of 58 sq.m. Featuring one spacious bedroom and a contemporary bathroom, it is ideal for singles, couples, or small families. The property includes one closed parking space, providing secure and convenient vehicle storage. Equipped with air conditioning, the apartment ensures a pleasant atmosphere year-round.
Currently under construction, this residence promises fresh, high-quality finishes and energy efficiency with an A-rated energy certificate, reducing utility costs and environmental impact. Its prime location offers stunning sea views and easy access to local amenities such as parks, the sea, supermarkets, malls, city center, cafes, restaurants, and a vibrant local market.
Additional features include a storage room, perfect for extra belongings. Whether you’re seeking a comfortable home or a smart investment opportunity, this apartment combines modern living with excellent proximity to everything Pafos has to offer.

Features

Close to shopping malls

Close to shopping malls

City center

City center

Sea view

Sea view

Private parking

Private parking

Park

Park

Supermarket

Supermarket

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

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

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+ VAT

1 bedroom Apartment in Paphos, Cyprus No. 56275

1 bedroom Apartment in Paphos, Cyprus No. 56275

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Sea view

Sea view

Indoor facilities

Private parking

Private parking

Outdoor features

Park

Park

Supermarket

Supermarket

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