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    Apartment

    €420,000

    Apartment in Geroskipou

    Geroskipou, PAPHOS
    3 bedrooms
    2 bathrooms
    122 m² interior

    Condition

    Brand New

    Energy

    NA

    Features

    • Air Conditioning
    • Parking
    • Pool
    • Garden

    Property description

    Retirement villages are a new concept in Cyprus, and we are proud to be the pioneers in offering the most exclusive senior living resort located on the outskirts of Paphos town Retirement Village will offer the next generation of retirees independent 5-star senior living with state-of-the-art facilities as well as the opportunity to be part of a community of like-minded people and enjoy unrivalled retirement living. It will specialize in providing all-inclusive, independent, resort style, 60 years and over senior living that make life for residents worry-free, comfortable, secure, and fun. Retirement Village is located in picturesque coastal village of Yersoskipou, a suburb east of Paphos, Cyprus, known for its remarkable five-domed Byzantine church of Agia Paraskevi. There is easy access to both Paphos town and Paphos International Airport The village will consist of approximately 105 properties with a selection of studio, one-, two- and three-bedroom apartments in a gated area of approximately 20,000 sqm.

    Location

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    Location details are based on the listing information provided by the owner/agent.

    Nicosia Head Office

    Agent

    Agency ref: A-124531

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    Mortgage calculator

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    Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.

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    Cyprus mortgage estimate
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    Last updated: 24 May 2026

    Mortgage calculator for this property

    Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.

    Listing price€420,000

    Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.

    Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.

    First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.

    Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.

    sqm

    Use only if the planning-permit and declaration deadlines apply.

    €84,000 deposit80% financed
    %
    years
    Cyprus fee assumptions
    • Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
    • Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
    • No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
    • Mortgage registration is estimated at 1% of the mortgage amount.
    • Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
    Details buyers normally need
    • ID/passport, proof of address, tax details, and source-of-funds evidence.
    • Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
    • Sales agreement, valuation, title deed or planning documents, insurance, and deposit proof.
    • Ask the bank which first-home products and documents apply.
    Before applying

    Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.

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