€ 450 000

€ 5 556 / 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. 56518

Bedrooms

Bathrooms

81 sq.m.

Square

Parameters

Property Description

For sale: Off plan, modern apartment in the heart of Paphos Town, offering a comfortable lifestyle within a vibrant urban setting. With an internal area of 81 square meters, this residence features two bright bedrooms and two contemporary bathrooms. Situated on the first floor of a six-story building with elevator access, convenience and accessibility are at the forefront.

The apartment boasts an open-plan living space, designed to maximize both city and sea views. Enjoy year-round comfort with a central AC system and energy efficiency rated A, ensuring lower running costs. Furnishing options are available to suit your needs.

This apartment is part of a secure, gated complex featuring excellent communal facilities, including a large swimming pool and a well-equipped gym. Residents benefit from a friendly neighborhood atmosphere, close to shops, restaurants, schools, and medical centers. Paphos Town is renowned for its cultural heritage, lively harbor, and proximity to beautiful beaches, making it a sought-after location for both residents and investors.

With its prime setting and comprehensive amenities, this property represents an exceptional investment opportunity. For more information or to arrange a viewing, please contact Purple International Real Estate.