€ 198 000

€ 2 475 / 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%

2 bedrooms Apartment in Latsia, Nicosia, Cyprus No. 50831

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

Apartment For sale, floor: 2nd, in Latsia. The Apartment is 80 sq.m.. It consists of: 2 bedrooms (1 Master), 2 bathrooms, 2 wc, 1 kitchens, 1 living rooms, while it has the following parkings: 1 Pilotis space, Sound insulation, Thermal insulation, Thermal facade are also available, it has Alluminum frames, the energy certificate is: A+. The property's status is: New development, it is close to Transportation, Park, School, Church, Kindergarten, Super Market, Entertainment centers, Cafe/Restaurants, Local market. The Apartment is Airy, Modern, Minimal design, Storage, Security door, CCTV, Quiet neighborhood, Energy autonomous, Solar panels. Price: €198.000. KW Seven Cyprus, contact phone: +35770001007, email: kwseven@kwcyprus.com, website:

For sale: modern 2-bedroom apartment in Latsia, located in a highly desirable and rapidly developing area.

The property offers 80 sq.m. of internal covered space, along with an additional 17 sq.m. covered veranda, providing comfortable and functional living areas. Built to high-quality standards, the apartment holds an A+ energy efficiency rating, ensuring low energy consumption and maximum performance.

The price includes a photovoltaic system for both the apartment and the common areas, offering significant cost savings.

Price: €198,000

An ideal choice for both private residence or investment.
Floor: 2nd