+ 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 Acropolis, Strovolos, Nicosia, Cyprus No. 47534

2

Bedrooms

83 sq.m.

Square

Parameters

Property Description

This residential development in Akropolis offers one-, two-, and three-bedroom apartments designed with elegant architecture and high-quality finishes. Located in a quiet residential street in the CNP area, the project provides immediate access to shops, schools, services, and main roads. Each apartment features spacious layouts, 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. Ideal for singles, couples, families, or investors, the project offers comfort, practicality, and long-term value in one of Nicosia’s most desirable locations.

The main features of the project and the units:
•1-, 2-, and 3-bedroom apartments
•Modern design and elegant finishes
•Spacious layouts and 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 Akropolis, Nicosia, close to shops, schools, and main roads

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

Features

Storage room

Storage room

Car park

Car park

Similar Property

300 000

2 Bedrooms

83 sq.m.

+ VAT

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300 000

2 Bedrooms

2 Bathrooms

83 sq.m.

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295 000

2 Bedrooms

83 sq.m.

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295 000

2 Bedrooms

83 sq.m.

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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