€ 331 000

€ 3 988 / 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. 56585

Bedrooms

Bathrooms

83 sq.m.

Square

I quarter, 2028

Completion date

Parameters

ID

56585
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

2
Total floors

4

Bathrooms

1
Square

83 sq.m.
Veranda area

10 sq.m.
To sea

2.5 km
To city center

100 m
To airport

12 km
Completion date

I quarter, 2028
Completed

No

Property Description

MODERN 2-BEDROOM APARTMENT IN THE CENTRE OF PAPHOS

Discover contemporary living in this elegant 2-bedroom apartment, perfectly positioned in the heart of Paphos, just a short walk from TEPAC University, supermarkets, cafés, restaurants, shops and everyday amenities. Combining exceptional construction quality with modern design, this residence is an excellent choice for both comfortable living and long-term investment.

Designed to Energy Efficiency Category A standards, the apartment features a spacious open-plan layout with bright living areas, a modern kitchen, generous bedrooms, and a covered veranda that extends your living space outdoors. Every detail has been carefully selected to provide comfort, durability, and lasting value.

Built using premium materials and contemporary construction methods, the residence includes high-quality interior finishes, three coats of premium emulsion paint, complete electrical and plumbing installations and modern energy-saving technologies.

The apartment is equipped with a fully fitted kitchen, built-in wardrobes in every bedroom, premium aluminium double-glazed windows, commercial-grade blinds for all external openings and a complete split-unit air-conditioning system with all necessary piping and electrical connections. A solar water heating system with electric immersion heater ensures efficient everyday use.

The property also includes underground covered parking, secure building access, elevator service, TV and internet points throughout the apartment and comes complete with an oven, hob, extractor fan, refrigerator, and washing machine.

Eligible for the Cyprus Permanent Residency (PR) Program, this apartment presents an outstanding opportunity to own a high-quality home in one of Paphos’ most convenient and sought-after locations.

PROPERTY DETAILS

Price: €331,000 + VAT
Location: Paphos Centre
2 Bedrooms
Covered Internal Area: 84 m²
Underground Covered Parking
Walking distance to TEPAC University
Eligible for Cyprus Permanent Residency (PR)

QUALITY FEATURES

Energy Efficiency Certificate Category A
High-quality construction materials
Modern architectural design
Fully fitted contemporary kitchen
Built-in wardrobes in all bedrooms
Oven, hob, extractor fan, refrigerator & washing machine included
Complete split-unit air-conditioning installation
Solar water heating system with electric immersion heater
Commercial-grade blinds for windows and balcony doors
Complete electrical installation with TV and internet/data points
Premium interior wall and ceiling finishes
Secure entrance and elevator access

This apartment offers the perfect balance of modern design, energy efficiency, premium specifications and an exceptional central location, making it an ideal home or investment in Paphos.