€ 180 000

€ 2 102 / 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%

1 bedroom Apartment in Strovolos, Nicosia, Cyprus No. 23366

Bedrooms

Bathrooms

85.6 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

23366
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Access

Public
Bedrooms

1
Floor

1
Total floors

5

Bathrooms

1
Square

85.6 sq.m.
Veranda area

25.5 sq.m.
To sea

45 km
To city center

2 m
To airport

55 km
Completion date

IV quarter, 2025
Completed

No

Property Description

Set in one of the capitols most prestigious areas in Nicosia, Strovolos near shops, schools, public parks and universities and numerous other local amenities, making this a very convenient choice.

This building has tasteful modern design with many luxury features comprising of 1 & 2 bedroom apartments, and a 3-bedroom penthouse apartment with massive veranda complete with its’ own private jacuzzi. All finishes are of high quality.

Underfloor heating with water pipes is installed in all internal, private and communal spaces.

The project also has electric gate access to the parking areas for maximum security.