€ 350 000

€ 3 017 / 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 Apartment in Nicosia, Cyprus No. 49878

Bedrooms

116 sq.m.

Square

Parameters

Property Description

This residential development is located in the Agios Dometios area and is designed as a three-storey building with a limited number of residences on each level. Every floor features three apartments, offering one-bedroom, two-bedroom and three-bedroom layouts, providing a practical selection of homes to suit different lifestyle needs.

The project benefits from a convenient connection to the city centre, while all essential amenities are situated nearby, ensuring comfortable everyday living in a well-connected urban environment. The balanced scale of the building and the organised layout of the residences create a functional and efficient residential setting.

The main features of the project and the units:
• Residential building in Agios Dometios
• Three-storey development
• Three apartments on each floor
• One-bedroom apartments
• Two-bedroom apartments
• Three-bedroom apartments
• Easy access to the city centre
• Close to all essential amenities

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

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

2 Floor

116 sq.m.

+ VAT

3 Bedrooms

116 sq.m.

+ VAT

3 Bedrooms

116 sq.m.

+ VAT

3 Bedrooms

116 sq.m.

+ VAT