€ 360 000

€ 4 675 / 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. 37735

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

Property Description

This beautifully designed second-floor apartment is part of an exclusive new development of just five two-bedroom residences in the highly desirable coastal area of Kapparis. Created with comfort, functionality, and modern living in mind, the apartment features spacious interiors, a generous covered veranda, and the added luxury of a 57 m² private sea view roof garden—perfect for enjoying the Mediterranean climate. The building is energy-efficient with a Class A rating, ensuring low running costs and a reduced environmental impact.

The apartment includes premium finishes, spacious built-in wardrobes, and a well-planned kitchen with provisions for integrated appliances and air conditioning. Residents will benefit from dedicated private parking, disabled access, an elevator, and access to a beautifully landscaped communal swimming pool—ideal for both relaxation and recreation.

Set in a prime location that offers lovely sea views, the development is just moments from the heart of Kapparis, with its sandy Blue Flag beaches, vibrant local dining scene, and everyday conveniences. It is also within a short drive of Paralimni and Protaras, 15 minutes from Ayia Napa, and approximately 40 minutes from Larnaca International Airport, making it an excellent option for both holiday escapes and permanent living.

Combining serene surroundings with close proximity to beaches, amenities and leisure options, this apartment presents an outstanding opportunity for those seeking an elegant and effortless seaside lifestyle.