+ 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 Acropolis, Strovolos, Nicosia, Cyprus No. 43841

3

Bedrooms

127 sq.m.

Square

Parameters

Property Description

Discover cultural and vibrant Nicosia, the capital of Cyprus. Nicosia offers an invigorating city lifestyle, surrounded by landmarks, a rich cultural scene, art galleries and theatres, culinary delights, local cafes, and restaurants; an enriching and fulfilling urban experience.

A new development between the buzz of the city and the serenity of a safe neighbourhood. This is urban living in the heart of it all, surrounded by green and fresh air.

Step into a life of the elegance and modern design, a reflection of attention to detail and sophistication. Secure your dream home in a prime location.

Choose from 2 and 3 bedroom apartments with covered and uncovered verandas to enjoy the urban lifestyle in the capital of Cyprus.

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

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