€ 435 000

€ 3 625 / 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. 47411

Bedrooms

120 sq.m.

Square

Parameters

Property Description

This exclusive residential development offers a collection of twelve luxurious apartments — six with two bedrooms and six with three bedrooms — ranging from 133m² to 175m². Each residence is designed to provide ample interior space for a comfortable and elegant lifestyle. Ideally located in the center of Nicosia, the project combines luxury, privacy, and convenience, offering an exceptional urban living experience in the capital of Cyprus.

The main features of the project and the units:
•Twelve luxury apartments with two and three bedrooms
•Spacious covered areas ranging from 133m² to 175m²
•Photovoltaic system for each apartment
•Solar heating system for each apartment
•Underfloor heating with heat pump
•Concealed air conditioning in living, kitchen, and dining areas
•Split A/C units in bedrooms
•Heat-proof aluminium doors and windows
•Electric shutters in all bedrooms
•Video entry system for every apartment
•Latest technology elevator
•Provision for electric car chargers

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