€ 530 000

€ 6 795 / 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. 37035

Bedrooms

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 first 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.