€ 265 000

€ 3 118 / 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. 47539

Bedrooms

85 sq.m.

Square

Parameters

Property Description

This contemporary residential development in Strovolos combines modern architecture with functionality, offering comfortable apartments in a quiet neighborhood. Each unit features spacious layouts, covered verandas, private parking, and a storage room. The project is conveniently located near schools, essential services, and major roads, ensuring excellent accessibility while maintaining a peaceful living environment. Additional features include thermal bricks and windows, provision and installation for air-conditioning, a photovoltaic system, and a pressure water system.

The main features of the project and the units:
•Modern apartments with spacious layouts
•Covered verandas
•Thermal bricks and thermal windows
•Provision and installation for A/C
•Photovoltaic system installation
•Pressure water system
•Private parking and storage room
•Located in Strovolos, near schools, services, and main roads

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