€ 850 000

€ 13 281 / 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%

1 bedroom Apartment in Kato Paphos, Paphos, Cyprus No. 8468

Bedrooms

Bathrooms

64 sq.m.

Square

Parameters

Property Description

For sale: A stylish one-bedroom apartment currently under construction in beautiful Kato Paphos, offering a comfortable internal space of 64 m². The apartment features a modern open-plan living area, one spacious bedroom, and a contemporary bathroom. Large windows allow you to enjoy natural light and take in breathtaking panoramic and sea views right from your home.

Located in a sought-after, gated complex, this property provides access to a communal swimming pool, gym, and an elevator for easy access to every floor. Residents will enjoy the added security and privacy of the development, as well as beautifully maintained communal areas.