€ 400 000

€ 3 448 / 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 Nicosia, Cyprus No. 47405

Bedrooms

116 sq.m.

Square

Parameters

Property Description

Experience exceptional living in a prime location where sophistication meets convenience. These spacious two- and three-bedroom apartments feature thoughtfully designed layouts that combine comfort and functionality. Finished to a high standard with modern materials, every detail reflects contemporary elegance and style. Situated in a vibrant neighborhood with easy access to shopping, dining, and other amenities, this residence offers the perfect blend of luxury, convenience, and connectivity—making it an ideal place to call home.

The main features of the project and the units:
•Spacious 2- and 3-bedroom apartments
•High-quality modern finishes
•Photovoltaic system for each apartment
•Solar water heating system for each apartment
•Underfloor heating with heat pump for each apartment
•Concealed air conditioning in living, dining, and kitchen areas
•Wall-mounted air conditioning in bedrooms
•Aluminium frames with thermal insulation
•Provision for external electric shutters in all bedrooms
•Video intercom system
•Controlled access to the building
•Luxury elevators
•Provision for electric car charger

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

Features

Storage room

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 719

Apartment (1 bedroom) Outside of Centre

€ 622

Apartment (3 bedrooms) in City Centre

€ 1 526

Apartment (3 bedrooms) Outside of Centre

€ 1 189

Buy Apartment Price

Price per square metre in the city centre

€ 2 763

Price per square metre outside the city centre

€ 2 042

3 Bedrooms

116 sq.m.

+ VAT

3 Bedrooms

116 sq.m.

+ VAT

3 Bedrooms

116 sq.m.

+ VAT

3 Bedrooms

116 sq.m.

+ VAT