€ 199 000

€ 3 317 / 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%

1 bedroom Apartment in Acropolis, Strovolos, Nicosia, Cyprus No. 44799

Bedrooms

60 sq.m.

Square

Parameters

Property Description

The project is set in Nicosia, Strovolos area, near the shops, schools, public parks and universities and numerous other local amenities, making it a very convenient choice for living.

This building has a tasteful modern design with many features, comprising of 1 and 2 bedroom apartments, and a 3-bedroom penthouse apartment with huge veranda complete with its’ own private jacuzzi.

Underfloor heating with water pipes is installed in all internal, private and communal spaces.

The project also has electric gate access to the parking areas.

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