€ 248 000
€ 3 307 / sqm
+ VAT
+ 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.
2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 46500
2
Bedrooms
75 sq.m.
Square
Parameters
Property Description
This residential development is located in the heart of Paralimni and offers a modern living environment in a well-connected yet peaceful area. The project comprises 26 contemporary apartments designed to combine everyday comfort with functional layouts and quality finishes. Elevated positioning allows selected units to enjoy sea views, while the overall setting balances tranquillity with convenient access to urban infrastructure.
The apartments feature open-plan kitchen and living areas, spacious interiors, and private balconies that enhance daily living. Residents benefit from a gated complex with landscaped surroundings and shared facilities designed for relaxation and practicality. The location provides easy access to main roads, nearby amenities, and public transport, making the development suitable for both permanent residence and investment purposes, with strong rental potential.
The main features of the project and the units:
• 26 modern apartments
• Located in Paralimni
• Sea views
• Gated residential complex
• Communal swimming pool
• Landscaped garden
• Open-plan layouts
• Balconies
• Roof gardens
• Covered parking
• Storage rooms
• Modern design
• High ceilings
• Luxury specifications
• Quiet residential area
• Easy access to main roads
• Close to amenities and bus routes
• Investment and rental potential
The project has an EPC certificate with “A” energy efficiency rating.
Features
Common area with pool
Statistics
€ 2 750
Price per sq.m.
-
Quality of Life Index
56
Cost of Living Index
Choose a city for comparison
Parameters
Paralimni
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 600
Apartment (1 bedroom) Outside of Centre
€ 567
Apartment (3 bedrooms) in City Centre
€ 1 167
Apartment (3 bedrooms) Outside of Centre
€ 1 300
Buy Apartment Price
Price per square metre in the city centre
€ 2 750
Price per square metre outside the city centre
€ 3 250
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