2 bedrooms Apartment in Paphos, Cyprus No. 57326

Bedrooms

82 sq.m.

Square

€ 463 000

€ 5 646 / 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

This project is located in Paphos. The development will be built on a 9,100 square meter plot and will consist of five separate buildings. The development will have a total of 72 apartments. Residents will have access to a spa, gym, lobby, concierge services and 24 hour security. The project will include a communal swimming pool with a separate children's pool, as well as green areas with children's playgrounds and communal landscaped areas.

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

Features

Car park

Common area with pool

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

2 Bedrooms

82 sq.m.

+ VAT

Verified property

2 Bedrooms

2 Bathrooms

82 sq.m.

+ VAT

2 Bedrooms

82 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

82 sq.m.

+ VAT