1 bedroom Apartment in Paphos, Cyprus No. 57577

1

Bedrooms

50 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

A modern residential development of studio, one-, and two-bedroom apartments set in a quiet, well-connected Paphos neighbourhood, just a short walk from the sea.

The building blends into its natural surroundings with tall trees for privacy, and residents enjoy a communal pool, gym, sauna, jacuzzi, landscaped gardens, and BBQ/recreational spaces.

Close to shops, restaurants, schools, a private hospital, and a university, it offers an easy balance of coastal lifestyle and everyday convenience - appealing to both homeowners and investors thanks to the area's strong rental and resale demand.

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

Features

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

270 000

1 Bedrooms

50 sq.m.

+ VAT

270 000

1 Bedrooms

50 sq.m.

+ VAT

270 000

1 Bedrooms

50 sq.m.

+ VAT

Verified property

1 bedroom Apartment in Paphos, Cyprus No. 53941

270 000

1 Bedrooms

1 Bathrooms

IV quarter, 2027

50 sq.m.

+ VAT

Features

Outdoor features

Common area with pool

Common area with pool

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more