€ 350 000

€ 3 431 / 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. 39510

Bedrooms

Bathrooms

102 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Stunning 3-bedroom penthouse apartment, fully furnished, located on the 3rd floor of a modern and quiet residential building with only 6 units. This property perfectly combines luxury with comfort, featuring underfloor heating and a private photovoltaic system for maximum energy efficiency. Situated in one of Engomi’s most desirable locations, right across from a park, it offers a serene environment and open views, while being just a short walk from the University of Nicosia and the vibrant 28th October Avenue.

Key Features:
• Location: Engomi, Nicosia (Opposite a park).
• Type: 3rd-floor Penthouse (Small building of only 6 apartments).
• Internal Area: 102 sq.m. of comfortable and functional living space.
• Verandas: 25 sq.m. covered verandas with scenic views.
• Bedrooms: 3 spacious bedrooms (including a master with en-suite bathroom).
• Bathrooms: 2 (1 main bathroom/WC and 1 en-suite).
• Condition: Fully furnished and move-in ready.
Floor: 3rd