+ 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 Latsia, Nicosia, Cyprus No. 47706

3

Bedrooms

100 sq.m.

Square

Parameters

Property Description

This residential project in Latsia is designed to meet the needs of modern living, offering easy access to main roads and public services in the area. It consists of four 3-bedroom apartments featuring comfortable and functional layouts. The ground floor includes storage areas and covered parking spaces. Additional features include televisions, thermal insulation aluminum, solar water heaters with frames, and a pressurized water system.

The main features of the project and the units:

• Four 3-bedroom apartments
• Comfortable and functional layouts
• Easy access to main roads and public services
• Storage areas and covered parking spaces on the ground floor
• Thermal insulation aluminum
• Solar water heaters with frames
• Pressurized water system
• Televisions

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

Similar Property

240 000

3 Bedrooms

2 Bathrooms

4 Floor

IV quarter, 2007

100 sq.m.

250 000

3 Bedrooms

2 Bathrooms

2 Floor

III quarter, 2026

100 sq.m.

+ VAT

255 000

3 Bedrooms

100 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Kiti, Larnaka, Cyprus No. 53495

260 000

3 Bedrooms

2 Bathrooms

IV quarter, 2027

100 sq.m.

+ VAT

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