€ 580 000

€ 5 030 / 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 THE HERITAGE Paphos, Cyprus No. 4545

Bedrooms

Bathrooms

115.3 sq.m.

Square

II quarter, 2023

Completion date

Parameters

ID

4545
Development

THE HERITAGE IN PAPHOS, CYPRUS NO. 5686
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Floor

2
Bathrooms

3
Square

115.3 sq.m.
Veranda area

32 sq.m.
To sea

600 m
Completion date

II quarter, 2023
Completed

Yes

Property Description

This stylish residential luxury building is designed to offer residents a refined urban living experience. Heritage is an elegant masterpiece that consists of 28 luxurious units: 1-, 2-, 3- bedroom apartments and 3 bedroom penthouses with its own roof terrace and private pools. The carefully designed master plan and high quality finishing materials, coupled with an outstanding design, will satisfy those who value true comfort and style. The residents will enjoy spacious layouts and ample facilities such as common swimming pool, gym and covered parking. Solid wood parquet floors, marble bathrooms, high-quality kitchens, built-in wardrobes and ceilings more than 3 meters, are only few of the many advantages this project offers making it ideal for your lifestyle and investment purposes.

Features

Veranda

Storage room

Swimming pool

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

Verified property

3 Bedrooms

196.5 sq.m.

+ VAT

Verified property

3 Bedrooms

1 Floor

2024

206.1 sq.m.

+ VAT

Michael Papastylianou, Paphos 8041