+ 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%

1 bedroom Apartment in Aglandjia, Nicosia, Cyprus No. 49924

1

Bedrooms

1

Bathrooms

40 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

All Inclusive – The price includes:
Electricity
Water
Common expenses
High-speed Internet

In Aglantzia, in one of the most sought-after locations next to the University of Cyprus, a brand-new residential project is available for rent, which has just been completed and offers the ultimate modern living experience. It consists of 27 modern one-bedroom apartments, with internal areas of 40 sq.m. and 50 sq.m., which are complemented by large 13 sq.m. covered verandas, ideal for moments of relaxation. The architectural superiority and the quality of the materials are combined with a unique “All Inclusive” proposal, ensuring the tenant full control of their expenses without any additional concern. The 40 sq.m. apartments are offered at 750 euros, while the 50 sq.m. apartments at 800 euros, constituting the ideal choice for those seeking the quality of a brand-new property combined with absolute convenience.
Floor: 3rd

Features

Balcony

Balcony

Air Conditioners

Air Conditioners

Tile flooring

Tile flooring

Transport accessibility

Transport accessibility

Garden

Garden

Supermarket

Supermarket

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1 bedroom Apartment in Aglandjia, Nicosia, Cyprus No. 49924

1 bedroom Apartment in Aglandjia, Nicosia, Cyprus No. 49924

Features

Features

Balcony

Balcony

Air Conditioners

Air Conditioners

Tile flooring

Tile flooring

Outdoor features

Transport accessibility

Transport accessibility

Garden

Garden

Supermarket

Supermarket

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