€ 228 000

€ 2 850 / 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 Strovolos, Nicosia, Cyprus No. 47708

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This residential project in Strovolos consists of six apartments — one two-bedroom and one three-bedroom unit on each floor. Every apartment includes a storage room and a covered parking space in the garage, a main bathroom, and an en-suite shower in the master bedroom. The layouts feature open-plan living and dining areas with a kitchen and a large covered terrace. The three-bedroom apartments are equipped with photovoltaic panels, while all units have underfloor heating with a heat pump. The two- and three-bedroom penthouses offer private roof gardens. Additional features include televisions, thermal insulation aluminum, solar water heaters with frames, a pressurized water system, and provision for external shutters on bedroom windows. Electric gates with remote control are installed at the parking entrances.

The main features of the project and the units:

• Six apartments
• One 2-bedroom and one 3-bedroom apartment on each floor
• Open-plan living and dining areas
• Large covered terraces
• Storage rooms and covered parking spaces
• Main bathroom and en-suite shower in the master bedroom
• Photovoltaic panels in 3-bedroom apartments
• Underfloor heating with heat pump in all apartments
• Roof gardens in 2- and 3-bedroom penthouses
• Thermal insulation aluminum
• Solar water heaters with frames
• Pressurized water system
• Provision for external shutters on bedroom windows
• Electric gates with remote control at parking entrances

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