+ 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 Apartment in Latsia, Nicosia, Cyprus No. 40818

3

Bedrooms

97 sq.m.

Square

Parameters

Property Description

For sale in the popular area of Latsia in Nicosia 3 and 4 bedroom houses and a variety of apartments. Latsia is a vibrant growing suburb with easy access to essential amenities. The area offers a blend of peaceful residential living with all the conveniences nearby, including schools, supermarkets, shops and parks.

This complex features open-plan living areas, a modern kitchen and large windows that fill the rooms with natural light. The bedrooms are comfortable and well-sized.

With ample parking and high-quality finishes throughout, this project presents a fantastic opportunity for anyone seeking comfort and convenience.

The Project has EPC certificate with "B" Energy Efficiency Rating.

Features

Storage room

Storage room

Car park

Car park

Similar Property

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+ VAT

320 000

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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