€ 1 330 000

€ 13 551 / 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 Kato Paphos, Paphos, Cyprus No. 8362

Bedrooms

Bathrooms

98.15 sq.m.

Square

Parameters

Property Description

For sale: a modern two-bedroom, two-bathroom apartment under construction in the sought-after area of Kato Paphos. This spacious apartment offers 98.15 m² of well-designed internal space, providing comfort and style for everyday living.

Situated on the first floor of a 15-story building with elevator access, the apartment enjoys a panoramic view, including stunning sea views. The gated complex ensures security and peace of mind for residents, with access to a communal swimming pool and a fully equipped gym for an active and relaxing lifestyle.

Kato Paphos is a vibrant area known for its picturesque coastline, historical sites, and lively atmosphere. It provides a unique blend of modern amenities and charming local culture. Residents benefit from being close to shops, restaurants, cafes, and recreational facilities, making everyday errands and leisure activities extremely convenient.

This is an excellent opportunity to invest in comfortable living within a well-maintained development. For further information or to arrange a viewing, contact Purple International Real Estate.