€ 340 000

€ 4 250 / 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 Strovolos, Nicosia, Cyprus No. 40849

Bedrooms

80 sq.m.

Square

Parameters

Property Description

These 2 and 3 bedroom apartments are centrally located in the capital of Cyprus, Nicosia. Each apartment benefits of this strategic location, being close to all the major amenities and with easy access to the banks, schools, medical institutions etc.

Each apartment has covered verandas and the top floor apartments will also enjoy the private roof gardens.

Apartments will have a dedicated storage room and as well as the parking space.

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