€ 185 000

€ 2 403 / 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 Deryneia, Ammochostos, Cyprus No. 46476

Bedrooms

77 sq.m.

Square

Parameters

Property Description

This elegant three-floor residential building is located in the heart of Deryneia and comprises six thoughtfully designed 2-bedroom apartments. Situated in a quiet, family-friendly neighborhood, the development combines a peaceful atmosphere with convenient access to essential amenities, including supermarkets, schools, shops, and cafes, as well as quick routes to Paralimni and surrounding areas. Each apartment features open-plan living and dining areas, a well-appointed kitchen, two spacious bedrooms, and private balconies, providing comfortable and stylish living for permanent residence, holiday stays, or investment purposes.

The main features of the project and the units:
• Six 2-bedroom apartments
• Three-floor building
• Located in Deryneia
• Modern open-plan layouts
• Private balconies
• Air conditioning provision
• Elevator
• Covered parking
• Solar water heater and photovoltaic panels provision
• Central TV system
• Ceramic tile flooring
• City views
• En suite shower
• Fitted wardrobes
• Granite countertops
• Guest WC
• High ceilings
• Luxury specifications
• Quiet residential area
• Easy access to main roads
• Near amenities