Paphos District, Kato Paphos
Located in the center of the tourist area of Paphos, yet in a quiet residential area, one of the few locations available in this area. 7 apartments in total for sale paning across 4 floors, consisting 1 and 2 bedroom apartments and a 3 bedroom penthouse. Project benefits include: • Sea view • 900 meters from the main promenade of Paphos and the beaches. • 100 meters from the King Jason Hotel • 750 meters to Paphos Kings Avenue • 5 minutes walk to the entire infrastructure • Fenced project with communal pool and covered parking • Top quality finish • Hidden split systems for heating and cooling • Fully furnished project (turnkey) • Penthouse with private roof terrace and jacuzzi Buy Land plus 7 Apartments for the price of €2, 025, 000 NO VAT. The proposal is €2, 000, 000 including everything. Vat on land is €36, 000 which is refundable to the investor for the government. The buyer will pay €25, 000 VAT for the penthouse that he will buy as his primary residence The buyer will save VAT of €285, 000 as he will take a refund on land vat of the amount €36, 000 and of course will save the €150, 000 donation. SO THE ACTUAL FINAL COST OF THE INVESTMENT WILL BE €2, 025, 000. In a normal case of purchase from another company the client will pay €2, 000, 000 + €25, 000 + €285, 000 + €150, 000 = €2, 460, 000. SO HERE CLIENT SAVES €440, 000.