€ 1 090 000

€ 8 321 / 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 Kato Paphos, Paphos, Cyprus No. 8407

Bedrooms

Bathrooms

131 sq.m.

Square

Parameters

Property Description

For sale: Modern three-bedroom apartment under construction in the sought-after area of Kato Paphos. Boasting 131 m² of comfortable internal space, this property offers three spacious bedrooms and three well-designed bathrooms, making it ideal for families or those who love having guests.

The apartment is situated within a secure, gated complex featuring a communal swimming pool and a fully equipped gym, providing a resort-style experience right at your doorstep. For convenience, the building is served by an elevator and underfloor heating is included for comfort year-round.