€ 354 000

€ 2 284 / 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 Townhouse in Lakatamia, Nicosia, Cyprus No. 50538

Bedrooms

Bathrooms

155 sq.m.

Square

Parameters

Property Description

Location
Nestled in one of the most desirable and fast-growing areas of Lakatamia, this property offers the perfect balance between tranquility and convenience. Set within a quiet, newly developed neighborhood surrounded by green spaces and parks, it provides a peaceful residential atmosphere without compromising on accessibility. Key amenities and major routes are just minutes away, including easy access to the Lidl/Alpha Mega junction and the new ring road, ensuring effortless daily commuting.

Residence
Only one of these two independent luxury homes remains available, offering a rare opportunity to secure a modern residence in this sought-after area. Designed with clean, minimal lines and a bioclimatic approach, the home maximizes natural light and comfort throughout, featuring large openings with balcony doors and windows that enhance indoor-outdoor living. The ground floor showcases a spacious open-plan layout connecting the living room, dining area, and kitchen, with the option for bespoke 3D kitchen design and high-end finishes, including granite worktops and premium ceramic surfaces.

Upstairs, three well-appointed bedrooms include a stylish master suite with en-suite shower and walk-in wardrobe, ensuring privacy and refinement. The home is equipped with provisions for central heating, installed air conditioning, alarm system, security cameras, intercom, and a smart thermostat controllable via mobile. Additional features include photovoltaic panels (3kW), solar water heater, water pressure system, water filter in the kitchen, and a motion sensor in the parking area.

Externally, the property offers a generous yard ideal for relaxation or entertaining, along with a dedicated outdoor space for a plant room and storage. Two side-by-side parking spaces with automated gate provision add further convenience, while optional features such as façade finishes (marble, HPL, or wood), green area lighting, and custom bar/kitchen island construction allow for personalization. This exceptional home combines quality, efficiency, and modern comfort—perfectly suited for contemporary living.