€ 308 000

€ 3 500 / 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 Strovolos, Nicosia, Cyprus No. 47427

Bedrooms

88 sq.m.

Square

Parameters

Property Description

This elegant five-storey residential building consists of ten luxurious two-bedroom apartments. It offers an ideal location for city living in Nicosia while providing easy access to the highway.The building stands out for its contemporary aesthetics and exceptional functionality, ensuring comfort and ergonomic use of every space. The project reflects the company’s commitment to delivering lasting quality and value.

The main features of the project and the units:
•Five-storey residential building
•10 two-bedroom apartments
•Underfloor heating with heat pump
•Photovoltaic system for each apartment
•Solar water heating system
•Concealed A/C units in living, kitchen, and dining areas
•Split A/C units in bedrooms
•Heatproof aluminium doors and windows
•Electric shutters in all bedrooms
•Video entry phone system
•Modern elevator
•Provision for electric car chargers

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

€ 600

Apartment (1 bedroom) Outside of Centre

€ 500

Apartment (3 bedrooms) in City Centre

€ 925

Apartment (3 bedrooms) Outside of Centre

€ 850

Buy Apartment Price

Price per square metre in the city centre

€ 2 000

Price per square metre outside the city centre

€ 2 000

2 Bedrooms

88 sq.m.

+ VAT

2 Bedrooms

88 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

88 sq.m.

+ VAT

2 Bedrooms

88 sq.m.

+ VAT