€ 310 000

€ 3 924 / 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 Paralimni, Ammochostos, Cyprus No. 51150

Bedrooms

Bathrooms

79 sq.m.

Square

Parameters

Property Description

Two bedroom ground floor apartment in Kapparis.

Ideally located near the vibrant, all-year-round resort of Kapparis, this contemporary property features a spacious 75m² garden, perfect for enjoying Cyprus’ renowned sunshine. Nestled within a newly developed private gated community, residents benefit from exceptional amenities including three communal swimming pools, a modern gym, and lush landscaped gardens.

Each apartment block comprises only eight residences—two per floor—with convenient lift access, allocated parking, and private storage units on the ground floor. Designed with comfort and style in mind, every home offers a serene living experience in a peaceful, modern setting.

The development is just a short walk from local conveniences such as supermarkets, bakeries, shops, restaurants, and the stunning sandy beaches that define the Kapparis area.

Scheduled for completion in April 2026, this is an ideal opportunity for investment, holiday use, or year-round living.