€ 380 000

€ 2 969 / 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%

3 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 39494

Bedrooms

Bathrooms

128 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

For sale is the last remaining apartment in a modern three-storey residential building located in the area of Strovolos. Positioned in a central and highly convenient location, the project offers easy access to Nicosia city center as well as the main roads leading in and out of the capital. The apartment is situated on the 1st floor and features three bedrooms, including a master bedroom, two bathrooms, three WCs, a spacious kitchen, and a comfortable living and dining area. Bright, airy, and dual-aspect, the property has been designed with a contemporary minimal aesthetic that perfectly suits modern family living.

The building consists of only six apartments, with two residences on each floor, creating a more private and quiet residential environment. The apartment includes one covered parking space in the pilotis area, a private storage room, and a spacious veranda ideal for outdoor living and relaxation. Built with a strong focus on quality construction and energy efficiency, the property holds an Energy Efficiency Class A certification and features underfloor heating, photovoltaic panels, a solar water heater with boiler, thermal insulation, thermal façade, thermal break aluminium frames, three-phase electricity, a security entrance door, video door entry system, and elevator access.

Conveniently located close to schools, public transport, supermarkets, shops, restaurants, nurseries, churches, and all essential everyday amenities, the apartment combines comfort, practicality, and modern specifications in one of Nicosia’s most desirable residential areas. As the only remaining available apartment in the building, it presents an excellent opportunity for both homeownership and investment.
Floor: 1st