€ 590 000

€ 5 756 / 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 Geroskípou, Paphos, Cyprus No. 56504

Bedrooms

Bathrooms

102.5 sq.m.

Square

Parameters

Property Description

For sale off plan is a modern penthouse apartment in a gated complex in Geroskipou. With an internal space of 102.50 square meters, this property offers three comfortable bedrooms and two well-appointed bathrooms, providing ample space for family living or entertaining guests.

Enjoy the convenience of your own private elevator, making access smooth and secure. The underfloor heating ensures warmth throughout the cooler months, while large windows provide plenty of natural light. The apartment's design combines style and practicality, making it ideal for modern living.

The complex features a beautiful communal swimming pool, perfect for relaxing or socializing. You will also appreciate the apartment's close proximity to local amenities, such as shops, cafes, and essential services.

Geroskipou is known for its blend of traditional charm and vibrant atmosphere. The area offers a range of leisure options, from parks and beaches to local markets and historic sites.

This exciting property is marketed by Purple International Real Estate. Don't miss the opportunity to secure a prime penthouse in one of the area's most sought-after gated developments. Contact us today for more details.