€ 850 000

€ 7 025 / 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. 50639

Bedrooms

Bathrooms

121 sq.m.

Square

Parameters

Property Description

The project is ideally located in the heart of Nicosia, on the prestigious Stasikratous Street—one of the most cosmopolitan and sought-after addresses in the capital. The area blends luxury retail, fine dining, and vibrant city life, while offering immediate access to key points of interest. It is a location that perfectly balances modern urban energy with the timeless charm of Nicosia.

The building stands out for its contemporary architecture and striking white façade, featuring distinctive curved balconies that offer panoramic views and abundant natural light. Its design enhances privacy, while vertical shading systems create a harmonious connection between indoor and outdoor spaces. Inside, the common areas reflect a sense of luxury, including an elegant entrance, reception area, private gym, and comfortable lounge spaces for residents. The apartments combine minimal aesthetics with functionality, offering flexibility in layout and a high level of comfort. Additionally, two retail shops are available on the ground floor, further enhancing the urban and commercial character of the development.

The apartments are designed with a strong focus on energy efficiency and modern technology, featuring Energy Efficiency Class A certification, thermal and acoustic insulation, and double-glazed windows. They are equipped with a VRV air-conditioning system, underfloor heating, and LED lighting, ensuring both comfort and low energy consumption. The price also includes high-quality finishes such as technogranite kitchen countertops, premium wooden flooring, and advanced security systems, including controlled access, entrance surveillance cameras, and security doors. The building is further complemented by photovoltaic systems for common areas, high-speed and quiet elevators, reception and lounge areas, as well as exclusive amenities such as a private gym and residents-only lounge.
Floor: 24th