+ 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%

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 26471

2

Bedrooms

2

Bathrooms

78 sq.m.

Square

II quarter, 2025

Completion date

Parameters

Property Description

New project Apartments in Kapparis is the right neighborhood for you and your family, with highlighted customized apartments some of which are loft-type condos. The project’s main characteristic, however, is its round shape swimming pool with a great pairing of a wide selection of swim-up apartments. A feature which makes this estate unique in many ways. Designed by a nostalgic design theory, a novel spot inside these well-developed landscaped areas is inviting for residents and visitors. Nonetheless, there are cutting-edge design elements, state of the art swimming pool and other shortsighted materials making a statement of extravagance. Welcoming to discerning families and individuals who value privacy and a special lifestyle, combines prosperity, leisure and a pleasant holiday environment. last, but not least, the project offers magnificent sea views of the Famagusta coast and conveys a special encounter to every one of the its unique residents.

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 26471

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 26471

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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