3 bedrooms Apartment in Paphos, Cyprus No. 57564

3

Bedrooms

100 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

An exclusive boutique development in the heart of Paphos town, offering a small, carefully curated collection of contemporary apartments across a few floors.

Modern architecture, functional layouts, and high-quality finishes throughout, with A/C in living areas and bedrooms, covered parking, a gated setting, and solar power for common areas.

Steps from restaurants, schools, and everyday amenities, with the historic Old Town, a major shopping mall, and the seafront all just a short distance away - a compelling option for owner-occupiers and investors after strong long-term value in one of Paphos' most established neighbourhoods.

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

Features

Car park

Car park

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

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Features

Outdoor features

Car park

Car park

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