€ 582 000

€ 5 298 / 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. 8279

Bedrooms

Bathrooms

109.85 sq.m.

Square

Parameters

Property Description

This project is the latest offer of fine living in a tranquil area on the outskirts of Paphos town in the village of Chloraka, close to all amenities. This consists of 1, 2 & 3 bedroom villas, townhouses, apartments and penthouses. Exclusive hilltop gated development. Close to authentic local taverns, bars, pubs and nightclubs. Easy access to all amenities, facilities and services. Close to an international private school, places of interest and archaeological sites. Short drive to Paphos Harbour, Promenade, Tourist Area and retail outlets. Communal and private swimming pools. Clubhouse/ Tennis Court. Landscaped gardens. Gold Card Membership.

Gated Entrance- Restaurant/Bar- Health Club with Gym/Sauna/Steam Bath/Massage and Beauty Salon/Infinity swimming pool overlooking the Mediterranean- Reception- Tennis Court-Children’s Playground- Natural walkways and paths.

This 3 bedroom 2 bathroom 3rd floor apartment has an open plan living/dining and kitchen area. Private allocated parking.

Chloraka is located 3 km north of Paphos Town and borders the tourist area known as the Tomb of the Kings. It is also home to Akritas Chloraka, a Cypriot Second Division football team. There are many hotels, restaurants and bars in this village which runs along the coast road from Paphos Town to Coral Bay. Chloraka’s location was put on the map in March 1998 when the cargo shop Demetrios II ran aground in heavy seas, the vessel is easily visible and has now become quite a focal point.