+ 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 Townhouse in Tseri, Nicosia, Cyprus No. 39797

3

Bedrooms

2

Bathrooms

90 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Brand new project with independent houses ground floor or upper and lower for sale in a newly built area in Tseri. The residences consist of a living room, dining room, open-plan kitchen and guest wc, two or three bedrooms and two bathrooms (one en-suite in the master bedroom).
The location of the property offers direct access to the highway.
Features:
Last house available, Covered parking space, Covered veranda, Energy Class A, Adjacent to a green area, Plot 300 m2, Provisions for automation, central heating and air conditioners, Installation of Photovoltaics.
Photos are of recently delivered or sold homes for the purpose of showcasing the contractor's work. Each house is designed together with the buyer based on his needs.
Additional VAT.
Floor: Ground Floor

Features

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Laminate Flooring

Laminate Flooring

Marble flooring

Marble flooring

Wood flooring

Wood flooring

Transport accessibility

Transport accessibility

Statistics

€ 1 850

Price per sq.m.

-

Quality of Life Index

-

Cost of Living Index

Choose a city for comparison

Parameters

Tseri

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 550

Apartment (1 bedroom) Outside of Centre

€ 600

Apartment (3 bedrooms) in City Centre

€ 1 400

Apartment (3 bedrooms) Outside of Centre

€ 1 800

Buy Apartment Price

Price per square metre in the city centre

€ 1 850

Price per square metre outside the city centre

€ 2 020

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+ VAT

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3 bedrooms Townhouse in Tseri, Nicosia, Cyprus No. 39797

3 bedrooms Townhouse in Tseri, Nicosia, Cyprus No. 39797

Features

Features

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Laminate Flooring

Laminate Flooring

Marble flooring

Marble flooring

Wood flooring

Wood flooring

Outdoor features

Transport accessibility

Transport accessibility

Park

Park

Garden

Garden

Supermarket

Supermarket

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