€ 215 000

€ 2 654 / 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 Penthouse in Lakatamia, Nicosia, Cyprus No. 47536

Bedrooms

81 sq.m.

Square

Parameters

Property Description

This residential development in Lakatamia offers one- and two-bedroom apartments designed with modern architecture and high construction standards. Each unit includes thermal bricks and windows, a photovoltaic system, a pressure water system, provision and installation for air-conditioning, as well as private parking and a storage room. Ideal for young professionals, couples, or investors, the project combines comfort, practicality, and an excellent location close to essential amenities.

The main features of the project and the units:
•1- and 2-bedroom apartments
•Modern design and quality construction
•Thermal bricks and thermal windows
•Photovoltaic system installation
•Provision and installation for A/C
•Pressure water system
•Private parking and storage room
•Located in Lakatamia, Nicosia

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

Features

Storage room

Car park

2 Bedrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT