€ 169 000
€ 2 139 / sqm
+ VAT
+ 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.
2 bedrooms Penthouse in Nicosia, Cyprus No. 48352
2
Bedrooms
79 sq.m.
Square
Parameters
Property Description
This residential project is located in the Kaimakli area of Nicosia and consists of a three-story building with a total of nine two-bedroom apartments. Each unit includes provisions for a 2 kW photovoltaic system, supporting energy efficiency and lower electricity costs.
All common areas—both interior and exterior—will be completed with high-quality finishes. Shared spaces will feature sensor-controlled lighting for improved energy management and security. The building is accessible through a main intercom entry system, with additional intercoms installed in every apartment for added convenience.
Each apartment is assigned a private storage room and a dedicated parking space, both clearly marked in accordance with the architectural plans. Units are designed with open-plan kitchens and offer provisions for heating and cooling systems to ensure year-round comfort.
The apartments are delivered unfurnished. This project is certified with an Energy Efficiency Grade “A.”
The main features of the project and the units:
• Three-story building with 9 two-bedroom apartments
• Provisions for a 2 kW photovoltaic system in each unit
• High-quality finishes in all common areas
• Sensor-based lighting in shared spaces
• Intercom system for building and individual apartments
• Allocated parking space for each unit
• Private storage room for each apartment
• Provision for hot and cold air conditioning
• Elevator
• Covered verandas
• Open-plan kitchen layout
• Unfurnished
Energy Efficiency Certificate: Grade A
Features
Storage room
Car park
Statistics
€ 2 763
Price per sq.m.
154
Quality of Life Index
59
Cost of Living Index
Choose a city for comparison
Parameters
Nicosia
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
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