€ 535 000

€ 5 691 / 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. 56522

Bedrooms

Bathrooms

94 sq.m.

Square

Parameters

Property Description

For sale: Off-plan apartment in the heart of Paphos Town, offering modern living and excellent comfort. This third-floor home covers 94 m² of well-designed internal space, featuring 2 spacious bedrooms and 2 contemporary bathrooms. The property includes a central air conditioning system for year-round comfort, energy efficiency class A, and is accessible via a convenient elevator in a six-storey building.

The apartment is part of a gated complex with top amenities such as a communal swimming pool and a fully equipped gym. Large windows bring in plenty of natural light, offering stunning city and sea views. An optional furniture package is available for a turn-key move.

Paphos Town is well known for its charming atmosphere, vibrant cafés, shops, and cultural sites. Residents will enjoy the convenience of being close to daily amenities, schools, supermarkets, and public transport, all within easy reach.

This property is an excellent choice whether you are seeking a new home or a strong investment opportunity. Contact Purple International Real Estate for more details or to arrange a viewing.