+ 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%

2 bedrooms Apartment in Paphos, Cyprus No. 58581

2

Bedrooms

2

Bathrooms

84 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale in Kato Pafos
Modern 2-bedroom apartment for sale in Kato Pafos, ideally located close to the sea, city centre, supermarkets, schools, entertainment venues, cafés and restaurants.
Situated on the 2nd floor, the apartment offers 84 sq.m. of well-designed living space, featuring 2 bedrooms, 2 bathrooms and 1 covered parking space.
The property is currently under construction and features Energy Efficiency A, aluminium frames with double-glazed windows, a security door, elevator and security cameras.
Residents will also enjoy access to a communal swimming pool, while the apartment benefits from panoramic views and a peaceful neighbourhood setting.
An excellent choice for a permanent residence, holiday home or investment in one of Pafos’ most desirable locations.
Delivery Date: February 2028

Features

City center

City center

Panoramic view

Panoramic view

New project

New project

Elevator

Elevator

School

School

Swimming pool

Swimming pool

Statistics

€ 3 890

Price per sq.m.

181

Quality of Life Index

56

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

Similar Property

455 000

2 Bedrooms

84 sq.m.

+ VAT

455 000

2 Bedrooms

84 sq.m.

+ VAT

455 000

2 Bedrooms

84 sq.m.

+ VAT

456 000

2 Bedrooms

84 sq.m.

+ VAT

2 bedrooms Apartment in Paphos, Cyprus No. 58581

2 bedrooms Apartment in Paphos, Cyprus No. 58581

Features

Location

City center

City center

Panoramic view

Panoramic view

Features

New project

New project

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

Swimming pool

Swimming pool

Supermarket

Supermarket

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