€ 750

€ 15 / sqm

per month

+ 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%

1 bedroom Apartment in Aglandjia, Nicosia, Cyprus No. 39541

Bedrooms

Bathrooms

50 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Discover this charming 1-bedroom, 1-bathroom apartment ideally located in a peaceful and highly desirable area of Aglantzia, Nicosia, just minutes from the university. Offering approximately 50 sqm of comfortable internal space, the apartment features a functional layout designed for easy living, complemented by a 2 spacious balconys one covered 13 sqm and a big uncovered 65 sqm perfect for relaxing or outdoor dining. Situated in a quiet residential neighborhood with convenient access to local amenities, shops, and public transport, this property is an excellent choice for students, young professionals, or couples seeking comfort, privacy, and convenience in a prime location.
Floor: 3rd