€ 500 000

€ 6 410 / 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. 8022

Bedrooms

Bathrooms

78 sq.m.

Square

Parameters

Property Description

For sale: discover this modern penthouse apartment currently under construction in the highly sought-after Universal area. With a spacious internal area of 78 m², this home offers a comfortable and convenient lifestyle. The apartment features 2 bedrooms and 2 bathrooms, providing ample space for families or professionals.

Enjoy the luxury of a private penthouse accessible by elevator, offering privacy and elevated views. The apartment is bright and well-designed, with thoughtful layouts for modern living. Residents will also benefit from access to a communal swimming pool, perfect for relaxation and leisure.

The Universal area is known for its vibrant atmosphere and charm. It combines quiet residential streets with easy access to shops, cafes, and restaurants. Everything you need is close by, including schools, supermarkets, and entertainment options, making it ideal for both permanent residency and investment.

This exclusive property is presented by Purple International Real Estate. Contact us today to arrange more information or to schedule a viewing. Don't miss the opportunity to secure your new home in the heart of Universal.