€ 262 700

€ 2 410 / 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%

3 bedrooms Apartment in Lakatamia, Nicosia, Cyprus No. 47622

Bedrooms

109 sq.m.

Square

Parameters

Property Description

This modern residential project consists of eight apartments located in a peaceful area of Lakatamia, offering easy access to key points of interest and the main exits of the city. The development combines a functional design with high construction standards, ensuring comfort, quality, and long-term value. It represents an ideal choice for both personal living and investment purposes.

The main features of the project and the units:
• Eight modern apartments
• Functional and contemporary design
• High construction quality
• Excellent quality materials
• External thermal insulation system
• Thermally insulated aluminium frames
• Video intercom system
• Covered parking spaces

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