€ 195 000

€ 2 267 / 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%

2 bedrooms Apartment in Lakatamia, Nicosia, Cyprus No. 40540

Bedrooms

Bathrooms

86 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

2-Bedroom Apartment in a Quiet Cul-de-Sac
• Small Residential Building: Only 6 apartments in total, ensuring privacy.
• Independent Photovoltaic System: Individual panels for each apartment.
• Storage Room: Private storage space included.
• Prime & Quiet Location: Situated in a peaceful cul-de-sac.
• Covered Parking: Dedicated covered space for each unit.
• Nature Access: Located near a Linear Park.
• Energy Efficiency Class A: High-standard sustainable construction.
• Completion Date: December 2026 (12/26).
Floor: 1st