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+ 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 Aglandjia, Nicosia, Cyprus No. 23471

1

Bedrooms

62 sq.m.

Square

Parameters

Property Description

  • Architectural Planning with modern specifications, ideal design and functional internal spaces.

  • High technology Lift, noiseless with luxury stainless steel cabin from KONE Company.
  • Monitor System for entrance and exit control.
  • Aluminium Windows of type ALUMIL with double glass and high heat insulation rates.
  • Anti-earthquake building structure under law and regulation standards.
  • Excellent quality of building construction with high specification insulations.
  • Energy class of building A 
  • Solar Heating

    Double Glazing

    Provision for A/C

    Provision for C/H

    Store Room

    Covered Parking

    Luxury fitted Kitchen

    Anti � Seismic Design

    Provision for Electrical Appliances

    Modern Kitchen

    Wooden Doors

Features

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Prestigious district

Prestigious district

City view

City view

Panoramic view

Panoramic view

Beautiful view

Beautiful view

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1 bedroom Apartment in Aglandjia, Nicosia, Cyprus No. 23471

1 bedroom Apartment in Aglandjia, Nicosia, Cyprus No. 23471

Features

Location

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Prestigious district

Prestigious district

City view

City view

Panoramic view

Panoramic view

Beautiful view

Beautiful view

Features

Intercom

Intercom

Smart Home system (on demand)

Smart Home system (on demand)

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