€ 1 030 000

€ 10 300 / 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 Chloraka, Paphos, Cyprus No. 57507

Bedrooms

Bathrooms

100 sq.m.

Square

Parameters

Property Description

This ground floor apartment offers 100 square meters of unfurnished space across three bedrooms and three bathrooms. The apartment is sold off plan and features underfloor heating throughout. A communal swimming pool is available to residents.

The open layout flows across the ground floor, with the three bedrooms and three bathrooms positioned to maximize usability. The underfloor heating system provides efficient climate control during cooler months.

Chloraka is a residential area with local shops, cafes, and services within easy reach. The location provides convenient access to everyday amenities while maintaining a residential character.

Contact Purple International Real Estate to arrange a viewing and learn more about this off-plan property.