€ 410 000

€ 6 119 / 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. 56343

Bedrooms

Bathrooms

67 sq.m.

Square

Parameters

Property Description

For sale: A modern apartment under construction in the heart of Paphos Town. This comfortable home offers 67 m2 of internal living space, featuring one spacious bedroom and one contemporary bathroom. The property is situated on the first floor of a three-story building with an elevator, making it easily accessible.

The apartment is designed for year-round comfort, including efficient underfloor heating. Its thoughtful layout ensures bright, airy living areas and a stylish kitchen perfect for everyday living or entertaining guests.

Paphos Town is known for its vibrant yet relaxed atmosphere, with a blend of historic charm and modern conveniences. Local shops, restaurants, and all essential amenities are close by, offering a convenient lifestyle while being surrounded by picturesque scenery and cultural landmarks.

This is an excellent opportunity for first-time buyers, investors, or anyone looking for a well-located apartment in a desirable area. Offered exclusively by Purple International Real Estate. Contact us for more details or to arrange a viewing.