€ 336 000

€ 4 421 / 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 Penthouse in Paralimni, Ammochostos, Cyprus No. 41870

Bedrooms

76 sq.m.

Square

Parameters

Property Description

This new development includes 16 modern apartments, designed with comfort, space and natural light in mind. Big balconies, stylish finishes and a peaceful vibe make it ideal for both living and investment.

You are just minutes away from:

• Protaras and Fig Tree Bay
• Kapparis beaches and the new Paralimni Marina
• Shops, restaurants and the Paralimni town centre.

Whether you are looking for a home or a holiday place, this residential project offers the best of both worlds – modern city living with a coastal feel.

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

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 567

Apartment (3 bedrooms) in City Centre

€ 1 167

Apartment (3 bedrooms) Outside of Centre

€ 1 300

Buy Apartment Price

Price per square metre in the city centre

€ 2 750

Price per square metre outside the city centre

€ 3 250

2 Bedrooms

76 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

76 sq.m.

+ VAT

2 Bedrooms

3 Bathrooms

76 sq.m.

+ VAT

2 Bedrooms

3 Bathrooms

76 sq.m.

+ VAT