+ 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 Strovolos, Nicosia, Cyprus No. 39511

2

Bedrooms

2

Bathrooms

84 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

A modern and spacious 2-bedroom apartment is available for sale, located on the 2nd floor of a privileged and quiet residential building consisting of only 6 apartments. This property offers the perfect balance between comfort and functionality, featuring generous indoor living spaces and a large veranda.
The apartment is fully equipped with modern technologies for maximum energy efficiency and security, while its prime location provides immediate access to all amenities and Nicosia’s main road network.

Key Features:
• Area: 84 sq.m. internal areas & 24 sq.m. covered verandas.
• Bedrooms: 2 spacious bedrooms (including a master bedroom with en-suite bathroom).
• Bathrooms: 1 main bathroom/WC and 1 en-suite in the master bedroom.
• Energy Autonomy: Installed 2kW photovoltaic system for significantly reduced electricity costs.
• Heating & Comfort: Equipped with electric heating units and electric shutters on all windows for shade and enhanced security.
• Privacy: Located in a small, boutique building (only 6 units in total).
• Location Benefits: * Situated in a quiet area of Strovolos.
• Proximity to schools.
• Easy access to the city center and the highway.
Floor: 2nd

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Tile flooring

Tile flooring

Laminate Flooring

Laminate Flooring

Floor heating in all rooms

Floor heating in all rooms

Park

Park

Statistics

€ 2 000

Price per sq.m.

-

Quality of Life Index

-

Cost of Living Index

Choose a city for comparison

Parameters

Strovolos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 500

Apartment (3 bedrooms) in City Centre

€ 925

Apartment (3 bedrooms) Outside of Centre

€ 850

Buy Apartment Price

Price per square metre in the city centre

€ 2 000

Price per square metre outside the city centre

€ 2 000

Similar Property

240 000

2 Bedrooms

2 Bathrooms

84 sq.m.

+ VAT

240 000

2 Bedrooms

84 sq.m.

+ VAT

240 000

2 Bedrooms

84 sq.m.

+ VAT

235 000

2 Bedrooms

84 sq.m.

+ VAT

2 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 39511

2 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 39511

Features

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Tile flooring

Tile flooring

Laminate Flooring

Laminate Flooring

Floor heating in all rooms

Floor heating in all rooms

Outdoor features

Park

Park

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