+ 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. 57191

2

Bedrooms

1

Bathrooms

73 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale in Paphos
Located on the 1st floor of a contemporary residential development, this 73 m² apartment offers 2 bedrooms, 1 bathroom, and 1 covered parking space.
Built to Energy Efficiency Class A standards and currently under construction, it is an excellent choice for both homebuyers and investors.
Ideally situated close to the sea and Paphos city centre, the property combines modern comfort with a prime location, offering easy access to all amenities.
Delivery Date: March 2028

Features

City center

City center

New project

New project

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

340 000

2 Bedrooms

73 sq.m.

+ VAT

350 000

2 Bedrooms

73 sq.m.

+ VAT

357 750

2 Bedrooms

73 sq.m.

357 750

2 Bedrooms

73 sq.m.

2 bedrooms Apartment in Paphos, Cyprus No. 57191

2 bedrooms Apartment in Paphos, Cyprus No. 57191

Features

Location

City center

City center

Features

New project

New project

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