€ 985 000

€ 9 850 / 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%

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 35515

Bedrooms

Bathrooms

100 sq.m.

Square

Parameters

Property Description

For sale: Brand new off-plan apartment in the heart of Protaras, offering a perfect blend of comfort and modern style. This spacious property features 100 m2 of internal space with 2 well-sized bedrooms and 2 stylish bathrooms, ideal for couples or families seeking a contemporary home.

The apartment is part of a secure gated complex with elevator access, ensuring both safety and convenience. Residents can enjoy a range of facilities including a communal swimming pool and a fully equipped gym. Large windows provide breathtaking sea views, and the property boasts an enviable seafront location.

Protaras is well known for its beautiful sandy beaches, clear blue waters, and a vibrant atmosphere. The area offers a mix of fine dining, cafes, shops, and a relaxed holiday feel, making it perfect for both full-time living and vacations. Everything you need is just a short walk away, making daily life easy and enjoyable.

This modern apartment, set for completion in 2027, is a great investment for those looking to experience the best of coastal living.