+ 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. 46246

2

Bedrooms

92 sq.m.

Square

Parameters

Property Description

This four-storey residential building is located in one of the most attractive areas of Nicosia, offering quick access to the city centre. The project consists of eight apartments designed with a focus on comfortable living and functional layouts.

Each residence features well-planned interiors, generous bedrooms and large main and auxiliary verandas that extend the living space outdoors. The contemporary architectural approach is combined with high-quality construction materials and carefully selected finishes.

The apartments are equipped with large windows that allow for abundant natural light, underfloor heating and split-unit air conditioning in the bedrooms and living area. A photovoltaic net metering system serves the common areas, while a solar water heating system enhances everyday convenience. An interior designer provides a complimentary interior decoration service, and the kitchens and wardrobes are crafted in an Italian style. High-quality ceramics and sanitary ware complete the refined indoor environment.

Each apartment also benefits from a covered parking space and a private storage room.

The main features of the project and the units:
• Four-storey building with eight apartments
• Spacious interiors and large bedrooms
• Large main and auxiliary verandas
• Large windows
• Underfloor heating
• Split-unit air conditioning in bedrooms and living area
• Solar water heater
• Photovoltaic net metering system for common areas
• Armoured security door
• Italian kitchen and wardrobes
• High-quality ceramics and sanitary ware
• Complimentary interior design service
• Covered parking space for each apartment
• Private storage room

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

Storage room

Car park

Car park

Similar Property

300 000

2 Bedrooms

92 sq.m.

+ VAT

295 000

2 Bedrooms

92 sq.m.

+ VAT

290 000

2 Bedrooms

92 sq.m.

+ VAT

290 000

2 Bedrooms

92 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more