€ 629 000

€ 3 956 / 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 Penthouse in Nicosia, Cyprus No. 49075

Bedrooms

Bathrooms

159 sq.m.

Square

Parameters

Property Description

This prestigious residential development in Aglantzia offers a selection of 2 and 3-bedroom luxury apartments, as well as two 3-bedroom penthouses with uninterrupted views of the Nicosia skyline. Situated on Platy Hill, the project is within walking distance of Athalassas and Academias parks, providing both tranquility and convenient access to urban amenities. The apartments feature oversized verandas, floor-to-ceiling windows, and a contemporary design that maximizes comfort and functionality.

The interiors are equipped with high-end finishes, including European sanitary fittings, underfloor heating with heat-pump technology, and air-conditioning concealed in the living room. The open-plan Italian kitchens and electric vehicle charging preparation add a modern touch to this exceptional project. Buyers have the opportunity to personalize their space with expert guidance, ensuring a home that matches their style and needs.

The main features of the project and the units:

• 2 and 3-bedroom luxury apartments
• 3-bedroom penthouses with panoramic Nicosia skyline views
• Oversized balconies and floor-to-ceiling windows
• High-quality finishes, including European sanitary fittings
• Underfloor heating with heat-pump technology
• Concealed air-conditioning installation
• Open-plan Italian kitchens
• Electric vehicle charging preparation
• Separate laundry area and ensuite master bedroom
• Spacious covered verandas

The Project has EPC certificate with "A" Energy Efficiency Rating.

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

3 Bedrooms

2 Bathrooms

158 sq.m.

+ VAT

3 Bedrooms

158 sq.m.

+ VAT

3 Bedrooms

162 sq.m.

+ VAT

3 Bedrooms

4 Bathrooms

155 sq.m.

+ VAT