+ 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. 47566

3

Bedrooms

101 sq.m.

Square

Parameters

Property Description

This modern residential project in Acropolis combines contemporary architecture with functionality, offering elegant apartments designed for comfort and convenience. Located close to schools, shops, services, and major road networks, the development provides excellent accessibility to all city amenities. Each apartment features generous interiors, large covered verandas, and practical additions such as private parking and a storage room.

The main features of the project and the units:
•Apartments with spacious interiors
•Large covered verandas
•Thermal bricks and thermal windows
•Photovoltaic system installation
•Provision and installation for A/C
•Private parking and storage room
•Located in Acropolis, near schools, shops, and main roads

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

Features

Storage room

Storage room

Car park

Car park

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385 000

3 Bedrooms

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+ VAT

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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