+ 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. 51181

2

Bedrooms

2

Bathrooms

84 sq.m.

Square

Parameters

Property Description

Experience luxurious coastal living in this stylish two-bedroom, first floor apartment located in the sought-after seaside community of Kapparis. Set within an exclusive modern development, this contemporary home offers a thoughtfully designed open-plan layout, a bright and airy living space, and a private balcony that invites you to unwind in the warmth of the Mediterranean sun.

The residence is part of a beautifully designed complex featuring two buildings, landscaped gardens, a large communal swimming pool, and a relaxed, resort-style ambiance that makes every day feel like a holiday.

Perfectly positioned just minutes from the vibrant, year-round resort of Kapparis, this property offers easy access to stunning Blue Flag beaches, a variety of restaurants, beach bars, shops and local amenities. Whether you're seeking a holiday getaway, a permanent home, or a sound investment opportunity, this apartment delivers exceptional value in one of Cyprus’ most desirable coastal areas.

The nearby town of Paralimni further enhances the appeal with its excellent infrastructure, including both private and public schools, medical facilities, banks, retail outlets, and a thriving dining and café scene. Rich in culture and community events throughout the year, Paralimni offers a perfect blend of modern convenience and traditional charm—making this property an ideal base for enjoying the very best of island living.

Features

Close to the beach

Close to the beach

Fast exit to the highway

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Statistics

€ 2 750

Price per sq.m.

-

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paralimni

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 567

Apartment (3 bedrooms) in City Centre

€ 1 167

Apartment (3 bedrooms) Outside of Centre

€ 1 300

Buy Apartment Price

Price per square metre in the city centre

€ 2 750

Price per square metre outside the city centre

€ 3 250

Similar Property

260 000

2 Bedrooms

84 sq.m.

+ VAT

260 000

2 Bedrooms

84 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51217

260 000

2 Bedrooms

1 Bathrooms

84 sq.m.

+ VAT

270 000

2 Bedrooms

84 sq.m.

+ VAT

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51181

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51181

Features

Location

Close to the beach

Close to the beach

Fast exit to the highway

Features

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Ceramic flooring

Ceramic flooring

Indoor facilities

Elevator

Elevator

Covered parking

Covered parking

Outdoor features

Gated community

Gated community

Transport accessibility

Transport accessibility

Swimming pool

Swimming pool

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