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1 bed flat for sale in Pafos, Cyprus

1 bed flat for sale in Pafos, Cyprus - photo 1
1 bed flat for sale in Pafos, Cyprus - photo 2
1 bed flat for sale in Pafos, Cyprus - photo 3
1 bed flat for sale in Pafos, Cyprus - photo 4
Price€222,000
TypeFlat
Beds1
Bath1
Rooms2
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Environment

Description

One bedroom apartment is completely renovated, with private garden, equipped kitchen and spacious living room. The bedroom has a built-in wardrobe. Facilities include: SPA, gymnasium, two communal swimming pools, an indoor pool and a tennis court. Equipment and details: air conditioning, Parking, furniture. Cost: € 222000 (VAT included if applicable).

Extra Сosts when Buying Property

TRANSFER TAX*
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
*If VAT has been paid no transfer tax
*If no VAT has been paid 50% of the transfer tax rate
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Interest Rate
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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

Property Price
Rental Cost
0%
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Company Representatives
in Cyprus
Limassol, Paphos, Larnaka
+3572-503-00-31
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