€ 236 000

€ 2 126 / 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%

3 bedrooms Apartment in Ayia Napa, Ammochostos, Cyprus No. 46503

Bedrooms

111 sq.m.

Square

Parameters

Property Description

This residential development is set in the village of Sotira, offering a calm environment with picturesque views of a nearby lake. The project consists of two modern residential blocks with a total of 26 apartments, designed to meet the needs of contemporary living. The selection includes one-, two-, and three-bedroom units, combining functional layouts with a clean, modern aesthetic.

Apartments feature open-plan living areas, generous internal spaces, and large verandas that enhance indoor–outdoor living. The surroundings provide a quiet atmosphere while remaining close to everyday amenities and main roads, making the location suitable for both permanent residence and leisure living. Residents benefit from shared facilities designed for comfort, relaxation, and an active lifestyle.

The main features of the project and the units:
• Two residential blocks
• Total of 26 apartments
• One-, two-, and three-bedroom apartments
• Located in Sotira
• Lake views
• Internal covered areas from 53 sq.m to 113 sq.m
• Verandas from 9 sq.m to 41 sq.m
• Gated complex
• Communal overflow swimming pool
• Fully equipped gym
• Covered parking spaces
• Storage rooms
• Roof gardens
• Open-plan layouts
• Modern design
• Quiet residential area
• Easy access to main roads
• Close to amenities