€ 909 000

€ 8 116 / 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 Nicosia, Cyprus No. 45865

Bedrooms

112 sq.m.

Square

Parameters

Property Description

On the most central part of Nicosia city, on the new pedestrian plaza that will be created, the new exciting 34-level residential tower is already shaping a new standard of living in the capital. The new plaza will create an oasis of relaxation around the building letting its occupants enjoy activities not previously enjoyed in city centers: leisure walks, cycling, relaxed shopping, children playing. Every aspect of this building creates a unique standard of living and adds to the new lifestyle experience: top location, amazing 360 views, concierge service, safety and security, 10th floor swimming pool, gym and wellness center, residents club, class A energy certificate, “smart” technology, room service and catering, innovative building design, top quality materials, all extras included as standard, sky restaurants on the top of the building. A portfolio of exquisite apartments with spectacular views over 23 residential floors. Interiors and residential amenities have been designed with exceptional flair, ingenuity and finesse to provide the best in upgraded urban living. Discover the hidden parts of the city and let your eyes wander the four points of the horizon.

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