€ 1 550 000

€ 5 016 / 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%

5 bedrooms Villa in Lakatamia, Nicosia, Cyprus No. 49077

Bedrooms

309 sq.m.

Square

Parameters

Property Description

An exclusive collection of villas located in the suburbs of Nicosia, designed to meet the needs of modern family living. The architecture features clean lines, floating slabs, and floor-to-ceiling windows that maximize natural light and provide seamless indoor-outdoor connectivity. The ground floor includes open-plan living and dining areas, a high-end kitchen, an ensuite guestroom, and a double covered garage. The first floor is centered around a multifunctional common space, with a private master suite separated by a bridge for added privacy, along with two additional ensuite bedrooms.

The outdoor area is designed for relaxation and entertainment, featuring an overflow swimming pool, landscaped gardens, and extended outdoor spaces. High-quality materials and contemporary finishes ensure durability and aesthetic appeal. Buyers have the opportunity to personalize interior details with the guidance of a professional design team. The location offers easy access to schools, sports facilities, and key road networks, making it a convenient choice for comfortable living.

The main features of the project and the units:

• Contemporary architecture with floor-to-ceiling windows
• Open-plan living, dining, and kitchen areas
• Ensuite guestroom on the ground floor
• Private master suite with walk-in wardrobe and ensuite shower
• Two additional ensuite bedrooms
• Multifunctional common space on the first floor
• Overflow swimming pool and landscaped gardens
• Double covered garage and optional basement
• Proximity to schools, sports centers, and main road networks

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