€ 175 000

€ 2 303 / 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 Ayia Napa, Ammochostos, Cyprus No. 42509

Bedrooms

76 sq.m.

Square

Parameters

Property Description

The development consists of 13 apartments with one and two bedrooms. All apartments are offering spacious accommodation with large balconies and roof gardens (for the second floor apartments).

Each apartment is equipped with large wardrobes, spaciously designed kitchen, provisions for integrated kitchen appliances and provisions for central air conditioning.

The project also features private parking spaces for all apartments, a communal barbeque area, facilities for the disabled and an elevator.

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