€ 200 000

€ 2 326 / 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 Latsia, Nicosia, Cyprus No. 47568

Bedrooms

86 sq.m.

Square

Parameters

Property Description

This residential development combines contemporary architecture with functionality, offering comfortable apartments in one of the most developed areas of Nicosia. Each unit features private parking and a storage room, ensuring convenience for residents, while the project’s prime location provides easy access to all essential amenities.

The main features of the project and the units:
•Modern architecture and spacious terraces
•Private parking and storage room
•Located in one of the most developed areas of Nicosia

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