€ 688 000

€ 5 375 / 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%

3 bedrooms Apartment in Chloraka, Paphos, Cyprus No. 8196

Bedrooms

Bathrooms

128 sq.m.

Square

Parameters

Property Description

For sale is a modern off-plan apartment in the sought-after area of Chloraka. This spacious home features an internal space of 128 square meters, offering three comfortable bedrooms and three stylish bathrooms. The layout is designed for easy living, with plenty of natural light and high-quality finishes throughout.

Chloraka is a beautiful coastal village known for its relaxed atmosphere and scenic sea views. The area offers a perfect blend of peace and convenience, with shops, cafes, schools, and local amenities just a short distance away. It is an ideal location for those seeking both tranquility and access to everyday essentials.

The apartment is part of a gated complex with excellent facilities. Residents can enjoy a communal swimming pool, a fully equipped gym, and the convenience of an elevator. The complex provides privacy and security while allowing you to enjoy stunning views of the sea from your new home.

This property is an excellent opportunity for both investment and comfortable living. For more information or to arrange a viewing, please contact Purple International Real Estate.