€ 530 000

€ 6 543 / 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%

2 bedrooms Apartment in Paphos, Cyprus No. 56335

Bedrooms

Bathrooms

81 sq.m.

Square

Parameters

Property Description

Apartment for sale in Pafos City, offered off-plan. This modern 4th floor apartment spans 81 sq.m. with 18 sq.m. of uncovered verandas, comprising 2 bedrooms, 2 bathrooms, a kitchen, and a living room. The property includes one closed parking space and is equipped with air conditioning. With an energy certificate rating of A, it ensures high energy efficiency.
Strategically located close to the sea, seaside, mall, and city center, this apartment provides convenient access to essential amenities. It also offers additional features like storage space and a common swimming pool, enhancing its appeal for comfortable living. Ideal for those seeking a contemporary living space in a prime location, this apartment in Pafos City promises modern comforts and leisure amenities.