€ 339 000

€ 3 809 / 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 Acropolis, Strovolos, Nicosia, Cyprus No. 42251

Bedrooms

89 sq.m.

Square

Parameters

Property Description

A residential development situated in a central area of Nicosia. The project offers a selection of apartments, built to high construction and style standards. This eco-friendly development, balances sustainability with contemporary living. Its prime location provides access to schools, supermarkets, hospitals.

The project features 9 apartments. Each apartment includes an open-plan kitchen and living area and spacious covered verandas.

The development incorporates advanced security features, including controlled gates for the parking area and main entrance, accessible via a secure password system.

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