€ 1 450 000

€ 14 500 / 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. 35519

Bedrooms

Bathrooms

100 sq.m.

Square

Parameters

Property Description

For sale is a modern off-plan apartment offering 100 square meters of comfortable living space. This well-designed property features two spacious bedrooms and two contemporary bathrooms, making it ideal for both families and couples. The apartment is located on the seafront, providing beautiful sea views that can be enjoyed every day.

Situated in the heart of Protaras, this apartment is part of a secure gated complex. Protaras is well-known for its stunning sandy beaches and crystal-clear waters. The area offers a relaxed lifestyle with plenty of dining, shopping, and entertainment options within easy reach. Nature trails, lively cafes, and water sports are all just minutes away.

Residents will enjoy access to excellent amenities, including a communal swimming pool, a modern gym, and a convenient elevator. The location is close to all essential services and amenities, ensuring a comfortable and easy lifestyle.

This off-plan apartment is a fantastic opportunity to invest in a sought-after seafront area.