+ 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%

Pearl Park Residences in Paphos, Cyprus No. 5224

116.41 sq.m.

Square

2022

Completion date

8 properties for sale

Properties in Pearl Park Residences

Verified property

3 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5332

380 000

3 Bedrooms

3 Bathrooms

2022

150.68 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5331

330 000

2 Bedrooms

2 Bathrooms

2022

116.41 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5333

415 000

3 Bedrooms

3 Bathrooms

2022

150.68 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5330

400 000

3 Bedrooms

3 Bathrooms

2022

150.68 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5328

380 000

3 Bedrooms

3 Bathrooms

2022

150.68 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5334

440 000

3 Bedrooms

3 Bathrooms

2022

150.68 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5335

315 000

3 Bedrooms

3 Bathrooms

2022

122.82 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Pearl Park Residences Paphos, Cyprus No. 5312

380 000

3 Bedrooms

3 Bathrooms

2022

150.68 sq.m.

+ VAT

Features

Near public transportation

Near public transportation

Close to schools

Close to schools

Great location

Great location

City center

City center

Near Hospital

Near Hospital

Sea view

Sea view

Parameters

Layouts in Pearl Park Residences

Comparison of parameters and prices in Pearl Park Residences

2 bedrooms

Type

Area (sq.m.)

Price

Available

Floor plan

Apartment floor plan «2BR-3», 2 bedrooms in Pearl Park Residences

116.41 sq.m.

€ 330 000

1 available

3 bedrooms

Type

Area (sq.m.)

Price

Available

Floor plan

Maisonette floor plan «3BR-6», 3 bedrooms in Pearl Park Residences

122.82 sq.m.

€ 315 000

1 available

Apartment floor plan «3BR-2», 3 bedrooms in Pearl Park Residences

150.68 sq.m.

€ 380 000

2 available

Apartment floor plan «3BR-4», 3 bedrooms in Pearl Park Residences

150.68 sq.m.

€ 415 000

1 available

Apartment floor plan «3BR-1», 3 bedrooms in Pearl Park Residences

150.68 sq.m.

€ 400 000

2 available

Apartment floor plan «3BR-5», 3 bedrooms in Pearl Park Residences

156.39 sq.m.

€ 440 000

1 available

Dynamics of Price Change

€ 2 746

Average price per sq.m.

€ 380 000

Average price

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

With rating

Rate the project

Similar Property

2024

+ VAT

Verified property

Blue Star Apartments in Paphos, Cyprus No. 5195

from 240 000

2024

124.25 sq.m.

+ VAT

2 bedrooms from € 240 000

Verified property

Azalea Villas in Paphos, Cyprus No. 5179

from 1 100 000

2024

394.5 sq.m.

+ VAT

4 bedrooms from € 1 100 000

5 bedrooms from € 1 250 000

Verified property

Geranium Villas in Paphos, Cyprus No. 5270

from 567 000

IV quarter, 2024

261.7 sq.m.

+ VAT

4 bedrooms from € 567 000

Pearl Park Residences in Paphos, Cyprus No. 5224

Pearl Park Residences in Paphos, Cyprus No. 5224

Features

Location

Near public transportation

Near public transportation

Close to schools

Close to schools

Great location

Great location

City center

City center

Near Hospital

Near Hospital

Sea view

Sea view

Pool view

Pool view

Street view

Street view

Beautiful view

Beautiful view

Features

Double glazed windows and balcony doors

Double glazed windows and balcony doors

Panoramic glazing

Panoramic glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Solar panel for water heating

Solar panel for water heating

Ceramic flooring

Ceramic flooring

Indoor facilities

Fitness room

Fitness room

Outdoor features

Children's playground

Children's playground

Children's pool

Children's pool

Landscaped garden

Car park

Car park

Garden

Garden

Park

Park

Garden

Garden

Swimming pool

Swimming pool

Common area with pool

Common area with pool

Shop

Shop

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