€ 370 000

€ 3 627 / 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 Acropolis, Strovolos, Nicosia, Cyprus No. 47528

Bedrooms

102 sq.m.

Square

Parameters

Property Description

This modern residential development in Acropolis offers one-, two-, and three-bedroom apartments designed with contemporary architecture and refined interiors. Located in a prestigious and central area, the project provides immediate access to schools, shops, public services, and main roads, while being situated on a quiet residential street. Each apartment includes spacious covered verandas, thermal bricks and windows, a photovoltaic system, a pressure water system, provision and installation for air-conditioning and central heating, as well as private parking and a storage room. With a limited number of units, the project ensures privacy, comfort, and long-term quality in one of Nicosia’s most desirable neighborhoods.

The main features of the project and the units:
•1-, 2-, and 3-bedroom apartments
•Contemporary architecture and elegant interiors
•Spacious covered verandas
•Thermal bricks and thermal windows
•Photovoltaic system installation
•Provision and installation for A/C and central heating
•Pressure water system
•Private parking and storage room
•Located in Acropolis, Nicosia, near schools, shops, and main roads
•Limited number of units for enhanced privacy

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