+ 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 Acropolis, Strovolos, Nicosia, Cyprus No. 47664

2

Bedrooms

75 sq.m.

Square

Parameters

Property Description

This modern four-storey residential building offers 11 high-quality apartments in a quiet yet central area of Nicosia. 2-bedroom apartments feature fully installed Italian kitchens from Cucina & Cucina with integrated BOSH appliances, underfloor heating, and air conditioning in every room. Each unit includes a covered parking space, large verandas, and access to a photovoltaic system for common areas with electric chargers in the parking. The building is constructed with attention to detail, high-quality materials, and sanitary ware, providing a comfortable and luxurious living experience.

The main features of the project and the units:

• 2-bedroom luxury apartments
• Total area 100.9 sqm, internal area 74.6 sqm
• Italian kitchens from Cucina & Cucina with BOSH appliances
• Underfloor heating and air conditioning in all rooms
• Large covered verandas
• Covered parking spaces for all apartments
• Photovoltaic system for common areas with electric chargers
• Contemporary design with high-quality materials and sanitary ware
• Quiet central location, close to cafes, restaurants, and amenities
• Eleven apartments in the building with modern and artistic interior design

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

Features

Car park

Car park

Similar Property

335 000

2 Bedrooms

75 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55638

335 000

2 Bedrooms

2 Bathrooms

IV quarter, 2027

75 sq.m.

+ VAT

336 000

2 Bedrooms

75 sq.m.

+ VAT

336 150

2 Bedrooms

75 sq.m.

+ VAT

Features

Outdoor features

Car park

Car park

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more