€ 1 250 000

€ 10 417 / 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%

3 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 35516

Bedrooms

Bathrooms

120 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern ground floor apartment offers 120 m2 of covered living space and is set within a gated complex in Protaras. With three comfortable bedrooms, this property is designed for both relaxation and practicality, perfect for families or as a holiday retreat.

Enjoy open-plan living with high-quality finishes throughout. Large windows fill the rooms with natural light and offer beautiful sea views. Step outside and take advantage of direct access to the seafront. The complex includes a communal swimming pool and on-site gym for your wellness and leisure.

Protaras is known for its crystal-clear waters, golden sandy beaches, and lively atmosphere. The area features a variety of restaurants, shops, and cafes, making it a sought-after destination for both locals and holidaymakers. Everything you need is close by, from daily essentials to vibrant nightlife.

Completion is set for 2027, giving you the unique opportunity to customize finishes to your taste.