€ 510 000

€ 3 423 / 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 Strovolos, Nicosia, Cyprus No. 47762

Bedrooms

149 sq.m.

Square

Parameters

Property Description

A contemporary four-storey residential building located in the Agios Demetrios area of Nicosia, offering easy access to the city centre. The property consists of four luxury apartments designed for comfort and functionality, featuring spacious interiors, large terraces, and modern finishes. The building combines high-quality materials with a refined architectural style to ensure a superior living experience.

The main features of the project and the units:
• Four-storey residential building
• Four luxury apartments
• Large terraces
• Large windows
• Security door with perimeter locking mechanism
• Installed air conditioners (split units) in bedrooms and living room
• Underfloor heating with LG heat pump
• Solar water heater
• Free interior design service
• Photovoltaic system for shared electricity
• Thermal insulation and thermal facade
• Italian kitchen and kitchen cabinets
• High-quality ceramics and sanitary ware
• Covered parking with provision for car charging
• Installed jacuzzi on the 4th-floor terrace
• Storage room for each apartment

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