€ 445 000

€ 5 019 / 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. 56516

Bedrooms

Bathrooms

88.67 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern penthouse apartment offers an internal space of 88.67 m², thoughtfully designed with two bedrooms and two bathrooms. Located on the top floor with private elevator access, this property promises both comfort and privacy. The apartment is unfurnished, providing buyers with the freedom to tailor the space to their personal taste.

This exclusive penthouse sits within a secure, gated complex featuring underfloor heating throughout and access to a communal swimming pool. Residents will appreciate the safety and tranquility the development offers, making it ideal for both permanent living and investment.

Located in Geroskipou, a popular and growing area known for its relaxed atmosphere and friendly community, residents can enjoy a blend of traditional charm and modern convenience. The neighborhood offers a range of shops, cafes, and essential amenities all within easy reach, as well as scenic walks and green spaces.

This excellent opportunity is brought to you by Purple International Real Estate. Contact us today for more information or to arrange a viewing.