€ 520 000

€ 5 622 / 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%

2 bedrooms Apartment in Paphos, Cyprus No. 58705

Bedrooms

Bathrooms

92.5 sq.m.

Square

Parameters

Property Description

For sale: Modern off-plan apartment in the heart of Paphos Town. This spacious residence offers 92.5 square meters of internal space, thoughtfully designed with 2 comfortable bedrooms and 2 stylish bathrooms. Located on the 3rd floor of a six-story building, you can enjoy the convenience of an elevator and stunning city and sea views from your home.

Paphos Town is well-known for its vibrant atmosphere, charming streets, and excellent blend of shops, cafes, and historic landmarks. Residents enjoy easy access to local amenities including supermarkets, restaurants, schools, and public transport, creating a comfortable and convenient lifestyle.

The apartment is part of a gated complex that provides a secure and welcoming environment. Residents can make the most of the communal swimming pool and well-equipped gym, perfect for relaxation and healthy living. The home also features a central air conditioning system for year-round comfort.

With a prime location close to all conveniences and beautiful views, this apartment is an excellent opportunity for both homeowners and investors. For more information or to arrange a viewing, please contact Purple International Real Estate.