2 bedrooms Apartment in Paphos, Cyprus No. 57899

2

Bedrooms

78 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

This residential development in the popular Universal area of Paphos, designed for those who appreciate modern living, comfort, and convenience.

With only six 2-bedroom apartments and just two residences on each floor, this project offers a peaceful and private living environment. The open-plan living and dining areas create a bright and welcoming atmosphere, while spacious bedrooms, high-quality finishes, and generous private balconies provide both comfort and style for everyday living.

Every apartment is equipped with underfloor heating, a VRF climate control system.

The development is within walking distance of supermarkets, restaurants, cafés, pharmacies, gyms, schools, and other essential amenities. The beach, Paphos Harbour, and Kings Avenue Mall are only a few minutes away.

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.

179

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

€ 981

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

Features

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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