1 bedroom Apartment in Paphos, Cyprus No. 57283

1

Bedrooms

41 sq.m.

Square

+ 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

The new residential complex is located in Tombs of the Kings, Paphos, one of the most sought-after and popular areas of the city. The project combines modern architecture, a high level of comfort and a well-developed infrastructure, creating ideal conditions for both living and investment.

The complex offers apartments with high-quality finishes and thoughtful layouts. 

The complex has a communal outdoor swimming pool and a landscaped recreation area where residents can enjoy the Mediterranean climate and peaceful atmosphere. Due to its convenient location close to beaches, restaurants, shops and all necessary infrastructure, the complex will be an excellent choice for a comfortable life and a profitable investment in Paphos real estate.

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

Features

Car park

Car park

Common area with pool

Common area with pool

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

380 000

Studio

41 sq.m.

+ VAT

216 048

Studio

41 sq.m.

+ VAT

320 000

Studio

40 sq.m.

+ VAT

340 000

Studio

42 sq.m.

+ VAT

Features

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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