2-bedroom apartment fоr sаle
- Reference number: J187
- Property area: 92 m²
- Type: Apartment
- Floor: 1st
- Parking: Covered
- Condition: Under construction
- Furnishing: Unfurnished
- Included: Pool, Garden, Balcony
- Online viewing: Yes
- Air conditioning: Full, all rooms
- Energy Efficiency: A
- Bedrooms: 2
- Square meter price: €3.261 /m²
- Bathrooms: 2
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Discover the perfect new home in a premier residential development located in the beautiful city of Paphos, Cyprus. This apartment is an excellent opportunity for first-time buyers seeking a modern, energy-efficient property in a desirable location.
Apartment Highlights:
Property Type: New, available apartment located in Block A
Bedrooms: Features 2 comfortable bedrooms.
Technical Specification: The apartment is part of a development with an "A" energy efficiency category rating, ensuring low running costs and a high standard of construction. The total covered areas within the development range from 85.00m2 to 340.00m2.
Project and Area Advantages:
Strategic Location: The residential development is situated in Paphos, one of Cyprus's most sought-after cities.
A Range of Options: This specific unit is part of a mixed-use development that also includes luxury villas and maisonettes, indicating a high-quality community environment.
Developer Commitment: As a new development, the property benefits from modern design standards and high-quality finishes, as reflected by the general minimum price point of the project.
Financial Incentive:
Reduced VAT Opportunity: The purchase of this new property is subject to VAT. However, eligible buyers purchasing a new residence for their permanent and primary occupancy may qualify for a significantly reduced VAT rate of 5%, instead of the standard 19%.
The reduced 5% rate applies to the purchase of new property as a primary residence, subject to meeting specific criteria.
Current regulations generally allow the 5% VAT rate on the first 130 square meters of the residence, provided the property's total value does not exceed €475,000 and the buildable area does not exceed 190 square meters.
Since the apartment's price is competitive (from €300,000 +VAT), it is highly likely to meet the eligibility criteria for the 5% reduced VAT on the first €350,000 of the value, offering substantial savings.
This is an exceptional opportunity to acquire a brand-new, premium apartment in Paphos. Contact us today to check your eligibility for the reduced VAT scheme and secure this fantastic property.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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