€ 195 000

€ 2 407 / 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 Nicosia, Cyprus No. 48348

Bedrooms

81 sq.m.

Square

Parameters

Property Description

This residential development is located in Agios Dometios, Nicosia, offering a well-balanced living environment with urban access and residential privacy. The building consists of three floors and includes a total of nine apartments, featuring a mix of two- and three-bedroom layouts.

There are six two-bedroom apartments and three three-bedroom apartments. All two-bedroom units come with provisions for a 2.2 kW photovoltaic system, designed to improve energy efficiency and help reduce utility expenses over time.

Each apartment includes an open-plan kitchen layout and is delivered unfurnished, giving residents flexibility to furnish according to their own needs and preferences. Every unit is allocated one parking space and a private storage area. Covered verandas offer additional outdoor living space, and the building is equipped with an elevator for easy access across all floors.

The project is certified with an Energy Efficiency Grade “A,” ensuring modern construction standards that support long-term sustainability.

The main features of the project and the units:

• Three-story building with 9 apartments
• 6 two-bedroom and 3 three-bedroom apartments
• Provisions for 2.2 kW photovoltaic system in all two-bedroom units
• Open-plan kitchen layout
• Unfurnished units
• One parking space per unit
• Storage space included
• Covered verandas
• Elevator

Energy Efficiency Grade: A

Features

Storage room

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 719

Apartment (1 bedroom) Outside of Centre

€ 622

Apartment (3 bedrooms) in City Centre

€ 1 526

Apartment (3 bedrooms) Outside of Centre

€ 1 189

Buy Apartment Price

Price per square metre in the city centre

€ 2 763

Price per square metre outside the city centre

€ 2 042

2 Bedrooms

2 Bathrooms

1 Floor

IV quarter, 2025

81 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

81 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT