€ 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 Agios Georgios, Nicosia, Cyprus No. 50206

Bedrooms

Bathrooms

116 sq.m.

Square

Parameters

Property Description

Discover a modern residential development in the highly sought-after and prestigious area of Agios Dometios – Engomi. The project is ideally located with easy access to essential amenities and services, including public transportation, schools, universities, parks, supermarkets, shopping centers, and the city center. With contemporary architecture and minimal design, the development offers high construction quality and Energy Efficiency Class A, making it an excellent choice both for private residence and investment.

The apartment is located on the 2nd floor and offers 116 m² of internal living space with a functional and bright layout. It consists of three bedrooms, one of which is a master bedroom with an en-suite bathroom, a spacious living area, a modern kitchen, and a large comfortable veranda. The property is currently under construction and will be delivered with modern technical specifications and high-quality materials, providing comfort, energy efficiency, and contemporary living.

Apartment Features:

? Close to schools, parks, supermarkets, universities, public transport, and the city center.

? Price: €350,000 + VAT
? Contact us for more information!
Floor: 2nd