€ 198 000

€ 2 386 / 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 Latsia, Nicosia, Cyprus No. 47499

Bedrooms

83 sq.m.

Square

Parameters

Property Description

This residential development in Latsia offers contemporary two-bedroom apartments designed for modern living. Located in a quiet neighborhood with excellent connectivity, the project provides easy access to supermarkets, schools, public services, and the highway. Each apartment features spacious interiors, large covered verandas, private parking, and storage rooms. The small-scale buildings ensure privacy while offering an ideal setting for singles, couples, families, or investors seeking quality homes in a fast-growing area of Nicosia.

The main features of the project and the units:
•2-bedroom apartments
•Contemporary architecture with high-quality finishes
•Spacious covered verandas
•Private parking and storage rooms
•Ensuite bathrooms
•Located in Latsia, Nicosia, near schools, services, and main roads
•Small-scale buildings with limited number of units

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