€ 297 000

€ 3 959 / 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. 51189

Bedrooms

Bathrooms

75.02 sq.m.

Square

Parameters

Property Description

Perfectly positioned in Paralimni, just minutes from the stunning Protaras coastline, this exclusive development offers residents the best of both worlds - convenience, luxury, and breath-taking sea views. The amenities and direct access to the services and the commercial centre of Paralimni which has evolved into a modern city and the ability to enjoy the award-winning seas of Protaras, makes every day here feel like a holiday.

The project features 15 high-end residences, ranging from one- two and three-bedroom layouts, all designed to maximise space, comfort, and natural light. Expansive balconies offer uninterrupted views of the Mediterranean, while the sleek, contemporary design and premium materials ensure a sophisticated living experience.

Thoughtfully positioned for privacy, each apartment caters to the demands of modern living while embracing the essence of the Mediterranean aesthetic. Step inside and experience a world of effortless elegance. Interiors are defined by earthy tones, natural materials, and minimalist design, creating a serene, welcoming atmosphere. The seamless transition between indoor and outdoor spaces invites you to relax and immerse yourself in the beauty of the surroundings - no matter the season.

Beyond the luxurious interiors, the location offers unmatched accessibility to some of Cyprus’ most sought after locations. Just seven minutes away, the charming beaches of Kapparis and the up-and-coming New Paralimni Marina promise world-class restaurants, boutiques, and entertainment venues.

In just ten minutes, residents can reach the lively centre of Protaras and the iconic Fig Tree Bay, one of the island’s most awarded beach. Moments away, Paralimni itself offers the perfect blend of modern convenience and traditional charm, making it an ideal place to call home.

Whether you are searching for a permanent residence or a vacation home, the project presents an unparalleled opportunity. With strong investment potential, year-round appeal, and an exceptional quality of life, this is more than just a home - it’s a lifestyle. Indulge in the luxury of coastal living while enjoying the comforts of a modern city.