+ 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 Agios Georgios, Nicosia, Cyprus No. 39927

2

Bedrooms

1

Bathrooms

90 sq.m.

Square

IV quarter, 2020

Completion date

Parameters

Property Description

Welcome to this stunning, brand-new 2-bedroom apartment located on the Engomi / Agios Dhometios / Agios Georgios borders, now available for rent. Offering 90m² of internal living space, the property features two covered verandas totaling 18m²—a spacious 15m² main veranda plus an additional 3m² veranda connected to the kitchen, ideal for extra storage or utility use.

This modern apartment is equipped with top-quality amenities for comfort, convenience, and safety, including:

House security alarm and smoke alarm

Safety box

Energy-efficient heat-pump underfloor heating

Air-conditioning units in all rooms

Dishwasher

Washing machine

Smart water-heating app system

Semi-furnished interior

Common expenses included in the rent

Extra storage room on the ground floor

One covered parking space

A perfect choice for those seeking a modern, efficient, and comfortable home in a prime location.
Floor: 1st

Features

Balcony

Balcony

Air Conditioners

Air Conditioners

Floor heating in all rooms

Floor heating in all rooms

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2 bedrooms Apartment in Agios Georgios, Nicosia, Cyprus No. 39927

2 bedrooms Apartment in Agios Georgios, Nicosia, Cyprus No. 39927

Features

Features

Balcony

Balcony

Air Conditioners

Air Conditioners

Floor heating in all rooms

Floor heating in all rooms

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