+ 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 Townhouse in Latsia, Nicosia, Cyprus No. 50210

4

Bedrooms

5

Bathrooms

459 sq.m.

Square

Parameters

Property Description

Discover a luxurious modern residence located in the prestigious area of Latsia, one of the most desirable residential neighborhoods of Nicosia. The property enjoys a prime location close to major amenities including large chain supermarkets, restaurants, cafés, pharmacies, and entertainment venues. It is also within a short distance from the Mall of Cyprus and the Nicosia General Hospital, while excellent public and private schools are nearby. The project is built with premium materials and modern architectural design, emphasizing energy efficiency, comfort, and contemporary aesthetics.

This impressive detached house sits on a 735 sq.m. plot and offers 459 sq.m. of internal living space. Designed with a modern minimal style, the home features spacious and bright interiors, functional living areas, and high-end finishes throughout. Currently under construction and built to Energy Efficiency Class A standards, the property offers luxury living with exceptional comfort, including a private swimming pool, landscaped garden, and multiple living areas—perfect for families seeking a sophisticated and spacious home.

Property Features:
? 459 sq.m. internal area on a 735 sq.m. plot
?️ 4 Bedrooms (including 1 Master bedroom)
? 5 Bathrooms
? 6 WC
?️ 1 Kitchen & 1 kitchenette with high-quality countertops
?️ Spacious living room
? Bright, airy, and modern minimal design
? Private swimming pool
? Private garden
? BBQ area
? Large verandas
? Service / Maid’s room
? Provisions for washing machine & dryer
? 33 cm wall thickness with thermal insulation & thermal façade
? Aluminum doors & windows with double-layer and thermal break frames
? Italian-style high-quality wardrobes, kitchen cabinets & bathroom cabinets
? Spanish high-quality ceramic tiles
☀️ Solar water heating system
⚡ Provision for 3KW photovoltaic system
❄️ Provisions for split-unit air conditioning
? Provision for electric vehicle charging station
? Provision for cameras & security system
? Provision for video door entry system
? Parking spaces

? Price: €850,000 + VAT
? Contact us for more information.
Floor: Ground Floor

Features

Close to shopping malls

Close to shopping malls

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

Barbecue area

Barbecue area

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4 bedrooms Townhouse in Latsia, Nicosia, Cyprus No. 50210

4 bedrooms Townhouse in Latsia, Nicosia, Cyprus No. 50210

Features

Location

Close to shopping malls

Close to shopping malls

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

Outdoor features

Barbecue area

Barbecue area

Transport accessibility

Transport accessibility

Park

Park

Garden

Garden

Swimming pool

Swimming pool

Supermarket

Supermarket

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