€ 1 880 000

€ 6 267 / 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%

4 bedrooms Apartment in Nicosia, Cyprus No. 49078

Bedrooms

Bathrooms

300 sq.m.

Square

Parameters

Property Description

This residential project offers a selection of villas and apartments in the heart of Nicosia, next to the Pedieos River and the Nicosia Linear Park. Designed for a high-end market, the development integrates a pedestrian walkway that connects Gladstonos Street to the river park, ensuring easy access for residents and guests. Vehicle movement is limited to underground areas, maintaining the natural surroundings. The project features a gated entrance, concierge services, a gym, a sauna, and a kids’ playground, providing a convenient and secure living environment.

Built to high-quality standards, the residences are energy-efficient, classified as Grade A, with photovoltaic systems for each unit. Smart home automation includes air-conditioning, lighting, home cinema, and music systems, all fully installed. Spacious interiors and premium materials ensure a balance between modern functionality and refined design, creating a comfortable urban living space.

The main features of the project and the units:

• Gated Entrance
• Concierge Services
• Kids’ Playground
• Cycling Routes
• Gym, Yoga, Sauna
• Smart Home Automation
• VRV Air Conditioning
• Photovoltaic Energy System
• Underground Parking
• Spacious Interiors
• High-Quality Materials
• Pedestrian Walkway to Park

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