€ 525 000

€ 4 792 / 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%

3 bedrooms Apartment in Geroskípou, Paphos, Cyprus No. 56623

Bedrooms

Bathrooms

109.55 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern apartment offers an internal space of 109.55 m2, thoughtfully designed for comfortable living. The apartment features three spacious bedrooms and two stylish bathrooms, perfect for families seeking extra space or those who desire a guest room and a home office.

Located in the sought-after area of Geroskipou, you will find yourself in a friendly community that blends tradition with convenience. Renowned for its charming squares, local shops, and cafes, Geroskipou combines a relaxing atmosphere with easy access to all the essentials. Beaches and cultural attractions are just a short drive away, making it an excellent choice for both permanent residence and holidays.

The property is part of a secure gated complex with modern amenities. Enjoy the comfort of underfloor heating and benefit from the convenience of an elevator. The communal swimming pool offers a refreshing retreat during the warmer months. With shops, supermarkets, and services close by, daily life is both easy and enjoyable.

This excellent opportunity is proudly presented by Purple International Real Estate. Contact us today for further information or to arrange a viewing.