€ 305 000

€ 3 631 / 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 Paralimni, Ammochostos, Cyprus No. 37322

Bedrooms

Bathrooms

84 sq.m.

Square

Parameters

Property Description

For sale: Off-plan modern apartment in the sought-after area of Kapparis, offering 84 m² of comfortable internal space. This residence is designed for a relaxed and contemporary lifestyle, with two spacious bedrooms and two stylish bathrooms (one en-suite). Located in a securely gated complex, the building includes a convenient elevator and access to a large communal swimming pool, perfect for leisurely afternoons.

The location in Kapparis is ideal for those seeking both tranquility and convenience. Kapparis is known for its beautiful coastline, friendly atmosphere, and a range of shops, cafes, and services within easy reach. The apartment is within close proximity to the highway, making travel to nearby towns and attractions simple and fast.

Construction is expected to be completed in 2027, ensuring your new home comes with the latest in modern design and efficiency. Whether you are looking for a holiday getaway or a smart investment, this apartment presents excellent value in a growing area.