2 bedrooms Apartment in Empa, Paphos, Cyprus No. 56900

Bedrooms

75 sq.m.

Square

€ 260 000

€ 3 467 / 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%

Parameters

Property Description

A residential development nestled in the charming village of Emba, Paphos, offering a peaceful and authentic Cypriot living experience within easy reach of all everyday amenities.

The project features a carefully selected mix of apartments, thoughtfully designed to blend contemporary architecture with the traditional character of the surrounding village. Each residence benefits from private outdoor spaces, quality finishes and an abundance of natural light.

The location places residents within minutes of schools, supermarkets, medical facilities and the coast, while the historic village setting offers a sense of community and tranquillity rarely found in modern developments.

An ideal choice for those seeking a quality home in a genuine village atmosphere, with all the conveniences of modern Paphos living close at hand.

The Project has EPC certificate with "A" Energy Efficiency Rating.