+ 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. 37034

2

Bedrooms

2

Bathrooms

78 sq.m.

Square

Parameters

Property Description

This exclusive development offers a unique blend of modern elegance and luxurious seaside living, just a short stroll from the famous Fig Tree Bay, one of Cyprus’ most breathtaking beaches. Designed with contemporary architecture and high-end finishes, each residence combines sophistication with comfort, creating the ultimate coastal retreat.

This second floor 2-bedroom apartment is designed to maximize natural light with expansive glass facades opening into spacious open-plan interiors. A large covered veranda provides stunning views of the surroundings, offering the perfect space for relaxation or outdoor dining. The thoughtfully designed layout includes spacious living areas, a master bedroom with an en-suite shower, a second bedroom, a separate bathroom, and premium quality finishes throughout.

Residents benefit from private covered parking, a secure storage room, and access to beautifully landscaped communal spaces, including a luxurious swimming pool.

Located just minutes from the lively center of Protaras, this exceptional property provides easy access to a variety of amenities, including restaurants, bars, cafés, shops, and entertainment options. Protaras is known for its vibrant nightlife, family-friendly atmosphere, and proximity to some of the island’s most stunning beaches, making it an ideal destination for both holiday retreats and permanent residences.

Offering a seamless blend of comfort, style, and convenience, this apartment redefines Mediterranean living in an unbeatable coastal location.

Features

Close to the beach

Close to the beach

Fast exit to the highway

Plastic windows with double glazing

Plastic windows with double glazing

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

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2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 37034

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 37034

Features

Location

Close to the beach

Close to the beach

Fast exit to the highway

Features

Plastic windows with double glazing

Plastic windows with double glazing

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Ceramic flooring

Ceramic flooring

Modern design

Modern design

Luxury real estate

Luxury real estate

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Elevator

Elevator

Covered parking

Covered parking

Outdoor features

Gated community

Gated community

Transport accessibility

Transport accessibility

Garden

Garden

Swimming pool

Swimming pool

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