€ 435 000

€ 6 616 / 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 Geroskípou, Paphos, Cyprus No. 56503

Bedrooms

Bathrooms

65.75 sq.m.

Square

Parameters

Property Description

For sale is a modern penthouse apartment, currently off plan, offering comfortable living in the sought-after area of Geroskipou. With a spacious internal area of 65.75 m², this apartment features two well-sized bedrooms and two contemporary bathrooms, making it ideal for both couples and small families.

Enjoy the convenience of direct access with a private elevator leading to your penthouse, located within a secure, gated complex. The property is offered unfurnished, giving you the freedom to decorate and style the interior to your own taste. Underfloor heating is included, ensuring a cozy atmosphere year-round.

Residents can take advantage of a beautifully maintained communal swimming pool, perfect for relaxing or socializing with neighbors. This development is situated close to all local amenities, including shops, restaurants, and services, making daily living both easy and enjoyable.

Geroskipou is known for its welcoming community, scenic views, and a blend of traditional charm with modern comforts. It offers a tranquil lifestyle while remaining within easy reach of local attractions and conveniences.

This property is exclusively advertised by Purple International Real Estate. Contact us today for more information and to reserve your off plan penthouse apartment in Geroskipou.