+ 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. 56520

2

Bedrooms

2

Bathrooms

81 sq.m.

Square

Parameters

Property Description

For sale: Modern off-plan apartment offering contemporary living in the heart of Paphos Town. This spacious home features 81 m² of internal space, thoughtfully designed with two comfortable bedrooms and two sleek bathrooms. The apartment is located on the 2nd floor of a well-maintained building with an elevator, ensuring easy access for all residents.

Paphos Town is a vibrant area known for its blend of history, culture, and convenience. Residents enjoy a lively selection of shops, restaurants, and cafes, along with easy access to schools and services. The location is perfect for those seeking a balanced lifestyle, with both the lively city atmosphere and serene coastal surroundings nearby.

This apartment is within a secure, gated complex offering excellent amenities such as a communal swimming pool and a fully equipped gym. Enjoy panoramic city and sea views from your apartment, with large windows letting in plenty of natural light. The property boasts an energy efficiency rating of A for reduced running costs and year-round comfort, with a modern central air conditioning system. Optional furnishing packages are available for your convenience.

Advertised by Purple International Real Estate, this opportunity is ideal for homebuyers and investors alike, with top-quality living in Paphos Town's most desirable address.

Features

City center

City center

Sea view

Sea view

City view

City view

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

Similar Property

459 060

2 Bedrooms

81 sq.m.

+ VAT

450 000

2 Bedrooms

81 sq.m.

+ VAT

450 000

2 Bedrooms

81 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Paphos, Cyprus No. 56276

450 000

2 Bedrooms

2 Bathrooms

IV quarter, 2025

81 sq.m.

+ VAT

2 bedrooms Apartment in Paphos, Cyprus No. 56520

2 bedrooms Apartment in Paphos, Cyprus No. 56520

Features

Location

City center

City center

Sea view

Sea view

City view

City view

Features

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Furnished

Furnished

Built-in closet

Built-in closet

Ceramic flooring

Ceramic flooring

Modern design

Modern design

Luxury real estate

Luxury real estate

Indoor facilities

Storage room

Storage room

Private Gym

Private Gym

Elevator

Elevator

Covered parking

Covered parking

Outdoor features

Gated community

Gated community

Landscaped garden

Transport accessibility

Transport accessibility

Garden

Garden

Swimming pool

Swimming pool

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